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Fly News Breaks for November 8, 2019
AMH
Nov 8, 2019 | 05:12 EDT
Goldman Sachs analyst Richard Skidmore initiated coverage of American Homes 4 Rent with a Buy rating and $29 price target. The analyst started 10 residential real estate investment trusts. Favorable demographic trends, limited disruption threat and strong cash and dividend characteristics drive his positive long-term view of the sector. Skidmore likes American Homes for its exposure to single family rental and its build-to-rent development pipeline.
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