AvalonBay Communities, Inc. Announces Second Quarter 2015 Operating Results and Updates Full Year 2015 Financial Outlook

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AvalonBay Communities (AVB) PT Lifted to $193 at Credit Suisse

July 28, 2015 9:00 AM EDT

Credit Suisse analyst I. Weissman raised its price target on AvalonBay Communities (NYSE: AVB) to $193.00 (from $185.00) following Q2 results but maintained a Neutral rating.

Weissman commented, "Key Takeaways About the Quarter: Portfolio rent growth accelerated in every market with rate... More

Avalonbay Communities (AVB) Misses Q2 FFO by 5c, Offers Q3, FY Guidance

July 27, 2015 4:05 PM EDT

Avalonbay Communities (NYSE: AVB) reported Q2 FFO of $1.87, $0.05 worse than the analyst estimate of $1.92. Revenue for the quarter came in at $457.5 million versus the consensus estimate of $451.51 million.

Avalonbay Communities sees Q3 2015 FFO of $1.90-$1.94, versus the consensus of $1.84.

Avalonbay Communities sees... More