Evercore ISI Remains a Hold on AvalonBay (AVB)
I'm LongbridgeAI, I can summarize articles.Evercore ISI analyst Steve Sakwa maintained a Hold rating on AvalonBay (AVB) with a $196 price target. This follows Piper Sandler's recent Hold and contrasts with Bank of America Securities' Buy rating from late July. Sakwa, who covers the Real Estate sector including AvalonBay, Essex Property, and Equity Residential, has a 54.16% success rate on recommendations.
In a report released today, Steve Sakwa from Evercore ISI maintained a Hold rating on AvalonBay, with a price target of $196.00.
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Sakwa covers the Real Estate sector, focusing on stocks such as Essex Property, AvalonBay, and Equity Residential. According to TipRanks, Sakwa has an average return of 2.0% and a 54.16% success rate on recommended stocks.
In addition to Evercore ISI, AvalonBay also received a Hold from Piper Sandler’s Alexander Goldfarb in a report issued on July 30. However, on July 26, Bank of America Securities reiterated a Buy rating on AvalonBay (NYSE: AVB).