Barclays initiated coverage of AMH (AMH) with an Equal Weight rating and $39 price target The firm said the Equal Weight rating is based on relative valuation. While 2025 could still be a little choppy in terms of the quarterly NOI cadence, the firm expects mid-single digit FFO per share growth next year, which is superior to its expectations for multifamily REITs.
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Read More on AMH:
- AMH initiated with an Equal Weight at Barclays
- American Homes Expands Portfolio Amid Rental Demand Surge
- AMH upgraded to Outperform from In Line at Evercore ISI
- AMH’s Strong Q3 2024 Performance and Strategic Expansion
- AMH narrows FY24 core FFO view to $1.76-$1.78 from $1.74-$1.78
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
