Scotiabank raises AvalonBay Communities' price target to $229, other banks adjust to $214.47.

Scotiabank raises AvalonBay Communities' price target to $229, maintaining a sector perform rating. Other banks have also adjusted their price targets, with a consensus price target of $214.47 and a hold rating. AvalonBay reported Q2 EPS of $1.78, missing analyst expectations by $0.93. Insiders Keri A. Shea and Matthew H. Birenbaum sold shares of the company.

August 29, 2024
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