In a report issued on June 22, Brad Heffern from RBC Capital maintained a Hold rating on AvalonBay (AVB – Research Report), with a price target of $211.00. The company's shares closed last Friday at $195.15, close to its 52-week low of $183.35. According to TipRanks.com, Heffern is ranked #231 out of 7911 analysts. Currently, the analyst consensus on AvalonBay is a Moderate Buy with an average price target of $238.60, representing a 21.4% upside. In a report issued on June 22, Credit Suisse also initiated coverage with a Hold rating on the stock with a $208.00 price target.
https://www.tipranks.com/news/blurbs/rbc-capital-reaffirms-their-hold-rating-on-avalonbay-avb?utm_source=advfn.com&utm_medium=referral
Avalonbay Communities (NYSE:AVB)
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