Morgan Stanley Lowers American Homes 4 Rent (NYSE:AMH) Price Target to $39.00

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Morgan Stanley has lowered its price target for American Homes 4 Rent (NYSE:AMH) to $39.00 from $40.00, while maintaining an “overweight” rating. This adjustment comes after the REIT missed its recent quarterly earnings and revenue estimates. Despite the target reduction and mixed analyst sentiment, insiders have shown confidence by purchasing additional shares.

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