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Fly News Breaks for November 19, 2018
AMH
Nov 19, 2018 | 07:31 EDT
As previously reported, Raymond James downgraded American Homes 4 Rent to Outperform from Strong Buy and lowered its price target to $25 from $28. Analyst Buck Horne has increased concerns over near-term issues surrounding higher R&M expenses, personnel turnover, and re-leasing delays. Horne remains constructive on "outstanding" SFR sector fundamentals, demographic growth of maturing millennials, and scalable growth and pricing power.
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