Invitation Homes price target lowered to $37 from $38 at JPMorgan

Summary of Key Points Core Viewpoint - JPMorgan has reduced the price target for Invitation Homes (INVH) to $37 from $38 while maintaining an Overweight rating on the shares after the investor day, indicating a focus on ancillary earnings drivers rather than buybacks [1]. Group 1: Price Target and Rating - JPMorgan lowered the price target on Invitation Homes (INVH) to $37 from $38 [1] - The firm maintains an Overweight rating on the shares [1] Group 2: Earnings Drivers - The company provided insights into its ancillary earnings drivers [1] - There is a noted shift in focus away from buybacks [1]