This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Truist Financial Reaffirms Their Buy Rating on AvalonBay (AVB)

Tipranks - Tipranks - Tue Jun 23, 9:38PM CDT

In a report released yesterday, Michael Lewis from Truist Financial maintained a Buy rating on AvalonBay, with a price target of $202.00.

TipRanks' Prime Week Sale - 70% Off

Lewis covers the Real Estate sector, focusing on stocks such as AvalonBay, Cubesmart, and Extra Space Storage. According to TipRanks, Lewis has an average return of 9.0% and a 62.32% success rate on recommended stocks.

In addition to Truist Financial, AvalonBay also received a Buy from Bank of America Securities’s Jana Galan in a report issued on June 8. However, on June 10, Mizuho Securities maintained a Hold rating on AvalonBay (NYSE: AVB).

See the top stocks recommended by analysts >>

Based on AvalonBay’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $770.28 million and a net profit of $325.73 million. In comparison, last year the company earned a revenue of $745.88 million and had a net profit of $236.6 million

Read More on AVB:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).