Avalonbay Communities (AVB) Tops Q2 EPS by 51c; offers guidance

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AvalonBay Communities (AVB) PT Raised to $214 at RBC Capital

August 2, 2024 6:22 AM EDT

RBC Capital analyst Brad Heffern raised the price target on AvalonBay Communities (NYSE: AVB) to $214.00 (from $207.00) while maintaining a Sector Perform rating.

The analyst comments "We are surprised at the strong positive reaction to a beat and raise that we think was... More