Avalonbay Communities (AVB) Tops Q1 FFO by 5c
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Jefferies Maintains Bullish View on AvalonBay (AVB) Post Q1
April 28, 2015 8:00 AM EDTJefferies analyst Omotayo Okusanya reiterated a Buy rating and $198 price target on AvalonBay Communities (NYSE: AVB) following Q1 results, noting while Q1 beat there was no 2015 guidance update.
Okusanya commented, "AVB reported 1Q15 FFO/sh of $1.88, which was $0.02 below our street high estimate of $1.90... More
