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Invitation Homes (INVH) Gets a Buy from Barclays

Tipranks - Tipranks - Sat Mar 7, 4:54AM CST

Barclays analyst Richard Hightower maintained a Buy rating on Invitation Homes today and set a price target of $31.00.

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According to TipRanks, Hightower is an analyst with an average return of -0.4% and a 48.85% success rate. Hightower covers the Real Estate sector, focusing on stocks such as Diamondrock, Invitation Homes, and Park Hotels & Resorts.

In addition to Barclays, Invitation Homes also received a Buy from Citi’s Nicholas Joseph in a report issued on February 25. However, yesterday, Wells Fargo maintained a Hold rating on Invitation Homes (NYSE: INVH).

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Based on Invitation Homes’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $685.25 million and a net profit of $144.55 million. In comparison, last year the company earned a revenue of $659.13 million and had a net profit of $143.11 million

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