Goldman Sachs Maintains Buy on AvalonBay Communities

by Benzinga Staff
June 30, 2011 9:24 AM | 19 seconds read | Make a Comment

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Goldman Sachs is out with its report today on AvalonBay Communities (NYSE: AVB), maintaining Buy.In a note to clients, Goldman Sachs writes, "We retain our Buy rating given positive relative growth versus the REIT sector and AVB's long track record of NAV growth via development. Estimates and price target are unchanged."Goldman Sachs maintains a $130 PT on AVB.Shares of AVB closed Wednesday at $127.85.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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Posted In: Analyst ColorAnalyst Ratingsavalonbay communitiesFinancialsGoldman SachsResidential REIT's

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