https://www.tipranks.com/news/the-fly/invitation-homes-price-target-lowered-to-33-from-34-at-rbc-capital

Jefferies analyst Linda Tsai initiated coverage of InvenTrust Properties (IVT) with a Hold rating and $33 price target The firm says a largely Sunbelt and grocer-anchored portfolio is helping InvenTrust grow earnings faster, with a growth rate similar to peers. However, with the stock trading near a 52-week high, its premium multiple reflects InvenTrust’s portfolio quality and strong balance sheet, the analyst tells investors in a research note. Jefferies says the company’s valuation “seems full.”

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Read More on IVT:

InvenTrust Highlights Grocery-Anchored Retail Success in Q3 2024 InvenTrust Properties Reports Solid Q3 2024 Results InvenTrust Properties sees FY24 core FFO $1.70-$1.73, consensus $1.72 InvenTrust Properties reports Q3 core FFO 44c, consensus 43c IVT Earnings this Week: How Will it Perform?

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