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AvalonBay Communities (NYSE:AVB) Price Target Lowered to $183.00 at Piper Sandler
Piper Sandler has reduced its price target for AvalonBay Communities (NYSE:AVB) to $183.00 from $190.00, maintaining a “neutral” rating. Despite the target cut, the new price still suggests a potential upside of 5.65% from its current trading price. The REIT recently reported a slight earnings beat for its last quarter but missed revenue estimates, setting its FY2026 guidance between $11.00 and $11.50 EPS.