US FTC fines Invitation Homes $48 million over hidden fees

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Morgan Stanley Reiterates Overweight Rating on Invitation Homes (INVH)

September 26, 2024 5:56 AM EDT

Morgan Stanley analyst Adam Kramer reiterated an Overweight rating and $39.00 price target on Invitation Homes (NYSE: INVH).

The analyst comments "What's our view? We view the FTC overhang being removed as positive and the $48mn settlement is relatively in-line with mgmt's... More

CFRA Downgrades Invitation Homes (INVH) to Hold

September 25, 2024 11:10 AM EDT

CFRA analyst Kenneth Leon downgraded Invitation Homes (NYSE: INVH) from Buy to Hold with a price target of $38.00 (from $40.00).

The analyst comments "We think INVH is losing pricing power after yesterday's $48M fine by the FTC for deceptive practices. The company also made a$20M... More