Goldman Sachs analyst Andrew Rosivach upgraded American Homes 4 Rent to Buy from Neutral and raised his price target for the shares to $24 from $21. Even after disappointments, the company "should be a growth leader," Rosivach tells investors in a research note. The analyst believes his price target is merited since the company's 11% 2019 estimated funds from operations growth rate is more than twice as much as the peer set and four times that of the REIT sector. While cognizant that American Homes "has been a source of expectations disappointment," he thinks lower expectations and valuation reduce downside risk.