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Stock impact report

How is AvalonBay (AVB) Navigating Through Deflated Multifamily Occupancies [Yahoo! Finance]

AvalonBay Communities, Inc. (AVB) 
Last avalonbay communities, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.avalonbay.com
Company Research Source: Yahoo! Finance
AvalonBay Communities Inc. (NYSE: AVB ) is one of the 10 cheap REITs with huge upside On March 4, Scotiabank reduced the firm's price target on AvalonBay Communities Inc. (NYSE:AVB) from $193 to $190. The firm maintained its Sector Perform rating on the shares, which now offer a revised upside potential of over 12%. Copyright: waupee / 123RF Stock Photo The update comes as the firm revises its price targets across the U.S. multifamily REITs under its coverage. Scotiabank noted that many apartment markets continue to operate with occupancy levels below the pre-COVID period of 2015 to 2019. Investors may need to wait for the upcoming spring leasing season and clearer signs of improving market growth before a meaningful positive catalyst for the sector emerges. On February 9, Piper Sandler decreased the firm's price target for AvalonBay Communities Inc. (NYSE:AVB) from $190 to $183. The firm maintained a Neutral rating on the stock. It referred to recent earnings reports that in Show less Read more
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