Ratings by Morgan Stanley (Adam Kramer)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 10/1/2026 | NVR Inc. | NVR | New Coverage | Underweight (N/A) |
6234.63 (5970.21) |
-4.24% | Details | |
| 10/1/2026 | KB Home | KBH | New Coverage | Underweight (N/A) |
47.42 (45.04) |
-5.02% | Details | |
| 10/1/2026 | Lennar | LEN | New Coverage | Underweight (N/A) |
83.01 (74.44) |
-10.32% | Details | |
| 10/1/2026 | PulteGroup | PHM | New Coverage | Equalweight (N/A) |
118.50 (113.98) |
-3.81% | Details | |
| 10/1/2026 | D.R. Horton | DHI | New Coverage | Equalweight (N/A) |
139.40 (133.23) |
-4.43% | Details | |
| 10/1/2026 | Toll Bros. | TOL | New Coverage | Overweight (N/A) |
135.88 (135.38) |
-0.37% | Details | |
| 8/12/2026 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/12/2026 | Sun Communities | SUI | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/12/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 8/12/2026 | Equity LifeStyle Properties | ELS | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/12/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/12/2026 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 6/25/2026 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/25/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 6/25/2026 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/25/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/26/2026 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 5/15/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 5/15/2026 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/15/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/15/2026 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/27/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/26/2026 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/26/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 3/26/2026 | Equity Residential | EQR | Upgrade | Overweight (Equalweight) |
58.67 (63.66) |
8.51% | Details | |
| 3/26/2026 | AvalonBay Communities | AVB | Downgrade | Equalweight (Overweight) |
163.56 (184.06) |
12.53% | Details | |
| 3/16/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 3/16/2026 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/16/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/16/2026 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 3/13/2026 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/13/2026 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 3/13/2026 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/13/2026 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 3/9/2026 | Invitation Homes | INVH | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/9/2026 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 3/6/2026 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 3/6/2026 | Invitation Homes | INVH | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/6/2026 | Sun Communities | SUI | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/25/2025 | Sun Communities | SUI | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/13/2025 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/13/2025 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 11/13/2025 | Invitation Homes | INVH | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/13/2025 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/13/2025 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/13/2025 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 11/13/2025 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 9/4/2025 | Sun Communities | SUI | Maintain | Equalweight (N/A) |
|
Details | ||
| 9/4/2025 | Equity LifeStyle Properties | ELS | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/18/2025 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 8/13/2025 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/13/2025 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 8/13/2025 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/13/2025 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/13/2025 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/13/2025 | AvalonBay Communities | AVB | Upgrade | Overweight (Equalweight) |
185.08 (184.06) |
-0.55% | Details | |
| 7/15/2025 | Sun Communities | SUI | New Coverage | Equalweight (N/A) |
125.60 (111.84) |
-10.96% | Details | |
| 7/15/2025 | Equity LifeStyle Properties | ELS | New Coverage | Equalweight (N/A) |
61.51 (58.49) |
-4.91% | Details | |
| 5/22/2025 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 5/14/2025 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/12/2025 | American Homes 4 Rent | AMH | Maintain | Overweight (N/A) |
|
Details | ||
| 2/27/2025 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/27/2025 | Mid-America Apartment Communities | MAA | Maintain | Overweight (N/A) |
|
Details | ||
| 2/27/2025 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/27/2025 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/27/2025 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/27/2025 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/24/2025 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/24/2025 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/24/2025 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/24/2025 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/24/2025 | American Homes 4 Rent | AMH | Upgrade | Overweight (Equalweight) |
34.91 (30.08) |
-13.84% | Details | |
| 1/24/2025 | Invitation Homes | INVH | Downgrade | Equalweight (Overweight) |
30.74 (26.06) |
-15.22% | Details | |
| 1/24/2025 | Mid-America Apartment Communities | MAA | Upgrade | Overweight (Equalweight) |
147.13 (116.47) |
-20.84% | Details | |
| 1/24/2025 | AvalonBay Communities | AVB | Downgrade | Equalweight (Overweight) |
214.41 (185.08) |
-13.68% | Details | |
| 9/26/2024 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 8/15/2024 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/15/2024 | Mid-America Apartment Communities | MAA | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/15/2024 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/15/2024 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/15/2024 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/15/2024 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 7/15/2024 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/15/2024 | Mid-America Apartment Communities | MAA | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/15/2024 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/15/2024 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/15/2024 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/15/2024 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 5/14/2024 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/14/2024 | Mid-America Apartment Communities | MAA | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/14/2024 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/14/2024 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/14/2024 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/14/2024 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 5/3/2024 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/3/2024 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details | ||
| 3/15/2024 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 3/15/2024 | American Homes 4 Rent | AMH | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/26/2024 | Mid-America Apartment Communities | MAA | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/26/2024 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/26/2024 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/26/2024 | Camden Property Trust | CPT | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/26/2024 | AvalonBay Communities | AVB | Upgrade | Overweight (Equalweight) |
176.12 (184.06) |
4.51% | Details | |
| 2/26/2024 | UDR, Inc. | UDR | Downgrade | Equalweight (Overweight) |
36.15 (33.84) |
-6.39% | Details | |
| 12/26/2023 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 12/12/2023 | Mid-America Apartment Communities | MAA | New Coverage | Equalweight (N/A) |
127.13 (116.47) |
-8.39% | Details | |
| 12/12/2023 | Camden Property Trust | CPT | New Coverage | Equalweight (N/A) |
93.65 (97.37) |
3.97% | Details | |
| 9/1/2023 | Tricon Residential inc. | TCN | Maintain | Equalweight (N/A) |
|
Details | ||
| 9/1/2023 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 9/1/2023 | American Homes 4 Rent | AMH | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/19/2023 | UDR, Inc. | UDR | Maintain | Overweight (N/A) |
|
Details | ||
| 7/19/2023 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/19/2023 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/19/2023 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/26/2023 | Tricon Residential inc. | TCN | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/26/2023 | American Homes 4 Rent | AMH | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/26/2023 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 5/26/2023 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/26/2023 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/26/2023 | UDR, Inc. | UDR | Maintain | Overweight (N/A) |
|
Details | ||
| 5/26/2023 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/1/2023 | UDR, Inc. | UDR | Maintain | Overweight (N/A) |
|
Details | ||
| 3/1/2023 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/1/2023 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/1/2023 | AvalonBay Communities | AVB | Maintain | Equalweight (N/A) |
|
Details | ||
| 12/16/2022 | UDR, Inc. | UDR | Upgrade | Overweight (Equalweight) |
40.58 (33.84) |
-16.61% | Details | |
| 12/16/2022 | AvalonBay Communities | AVB | Downgrade | Equalweight (Overweight) |
172.08 (184.06) |
6.96% | Details | |
| 12/12/2022 | American Homes 4 Rent | AMH | Maintain | Equalweight (N/A) |
|
Details | ||
| 12/12/2022 | Tricon Residential inc. | TCN | Maintain | Equalweight (N/A) |
|
Details | ||
| 12/12/2022 | Invitation Homes | INVH | Maintain | Overweight (N/A) |
|
Details | ||
| 12/2/2022 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 12/2/2022 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 12/2/2022 | UDR, Inc. | UDR | Upgrade | Overweight (Equalweight) |
41.47 (33.84) |
-18.4% | Details | |
| 12/2/2022 | AvalonBay Communities | AVB | Downgrade | Equalweight (Overweight) |
174.90 (184.06) |
5.24% | Details | |
| 8/25/2022 | Tricon Residential inc. | TCN | New Coverage | Equalweight (N/A) |
10.97 (11.25) |
2.55% | Details | |
| 8/25/2022 | Invitation Homes | INVH | New Coverage | Overweight (N/A) |
37.49 (26.06) |
-30.49% | Details | |
| 8/25/2022 | American Homes 4 Rent | AMH | New Coverage | Equalweight (N/A) |
36.32 (30.08) |
-17.18% | Details | |
| 8/11/2022 | UDR, Inc. | UDR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/11/2022 | Essex Property Trust | ESS | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/11/2022 | Equity Residential | EQR | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/11/2022 | AvalonBay Communities | AVB | Maintain | Overweight (N/A) |
|
Details |


