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Citigroup Cuts Invitation Home (NYSE:INVH) Price Target to $31.00
Citigroup has reduced its price target for Invitation Home (NYSE:INVH) from $36.50 to $31.00, while maintaining a “buy” rating. This adjustment comes after several other firms also lowered their price objectives for the company. Invitation Home recently missed quarterly earnings estimates, reporting $0.27 EPS against an expected $0.48.