Scotiabank Lowers PT on Invitation Homes (INVH) Stock

Group 1 - Invitation Homes Inc. (NYSE:INVH) is recognized as one of the best housing stocks to buy according to hedge funds [1] - Scotiabank has reduced the price target on Invitation Homes' stock to $36 from $38 while maintaining a "Sector Perform" rating [1] - The company's Q2 2025 performance shows strong resident demand, higher renewal rates, and disciplined cost control, contributing to its long-term growth strategy [2] Group 2 - Invitation Homes' total revenues for Q2 2025 increased by 4.3% year-over-year to $681 million [2] - Property operating and maintenance costs also rose by 4.3% to $244 million [2] - Net income available to common stockholders surged by 92.7% to $141 million [2] Group 3 - In Q2 2025, Invitation Homes acquired 1,040 homes for approximately $350 million through various channels [3] - The company disposed of 295 wholly-owned homes for gross proceeds of around $111 million and 63 homes for gross proceeds of about $30 million in joint ventures [3]