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KeyBanc Raises AvalonBay (AVB) and UDR (UDR) to Buy; Essex (ESS) Cut to Hold

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Morgan Stanley Starts AvalonBay Communities (AVB) at Equalweight

December 10, 2013 6:38 AM EST

Morgan Stanley initiated coverage on AvalonBay Communities (NYSE: AVB) with an Equalweight. PT $138.00.

For an analyst ratings summary and ratings history on AvalonBay Communities click here. For more ratings news on AvalonBay Communities click here.

Shares of AvalonBay Communities closed at $122.11 yesterday, with a 52 week range of $116.03-$141.95.... More