Invitation Homes Receives Credit Rating Upgrade to ‘Baa2’ from Moody’s

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CFRA Downgrades Invitation Homes (INVH) to Buy

May 1, 2024 12:40 PM EDT

CFRA analyst Kenneth Leon downgraded Invitation Homes (NYSE: INVH) from Strong Buy to Buy with a price target of $38.00.

The analyst comments "We keep $38 target, factoring in mid-single-digit growth and a forward P/FFO of 20.0x, in line with the single-family residential... More