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Bank of America Securities Sticks to Their Hold Rating for Invitation Homes (INVH)

Tipranks - Tipranks - Tue Feb 24, 4:20AM 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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According to TipRanks, Galan is an analyst with an average return of -3.7% and a 46.88% success rate. Galan covers the Real Estate sector, focusing on stocks such as Kilroy Realty, Invitation Homes, and Agree Realty.

In addition to Bank of America Securities, Invitation Homes also received a Hold from TipRanks – Google’s Google REIT – Residential in a report issued on February 20. However, on the same day, KeyBanc 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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