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Bank of America Securities Reaffirms Their Hold Rating on Invitation Homes (INVH)

Tipranks - Tipranks - Fri Jan 9, 5:52AM CST

In a report released today, Jana Galan from Bank of America Securities maintained a Hold rating on Invitation Homes, with a price target of $34.00.

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Galan covers the Real Estate sector, focusing on stocks such as Mid-America Apartment, Kilroy Realty, and Invitation Homes. According to TipRanks, Galan has an average return of -2.8% and a 43.75% success rate on recommended stocks.

In addition to Bank of America Securities, Invitation Homes also received a Hold from Mizuho Securities’s Haendel St. Juste in a report issued yesterday. However, today, UBS maintained a Buy rating on Invitation Homes (NYSE: INVH).

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Based on Invitation Homes’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $688.17 million and a net profit of $136.74 million. In comparison, last year the company earned a revenue of $660.32 million and had a net profit of $95.27 million

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