Mizuho upgrades Invitation Homes stock rating on valuation By Investing.com

Investing.com Canada
Mizuho upgrades Invitation Homes stock rating on valuation By Investing.com
Mizuho upgraded Invitation Homes (NYSE: INVH) to Outperform from Neutral, increasing its price target to $32.00 from $31.00, citing attractive valuations and reduced risk. The firm also upgraded American Homes 4 Rent, noting its undervaluation, consistent dividend growth, and strong recent financial performance. Both companies are expected to benefit from opportunities in the single-family rental sector, particularly with the anticipated passage of the ROAD to Housing Act.
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