tiprankstipranks
Trending News
More News >

Invitation Homes price target raised to $39 from $36 at Raymond James

Raymond James raised the firm’s price target on Invitation Homes (INVH) to $39 from $36 and keeps an Outperform rating on the shares. Given the record-wide monthly payment spread relative to homeownership, Raymond James continues to see strengthening single-family rental demand and contributions from Invitation’s 3PM platform driving healthy revenue growth in a difficult economy, the analyst tells investors in a research note. The shares remain priced well below the fair market value of its housing portfolio while also offering compelling upside growth potential, the firm says.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue