How is AvalonBay (AVB) Navigating Through Deflated Multifamily Occupancies

AvalonBay Communities Inc. (NYSE:AVB) is one of the 10 cheap REITs with huge upside. On March 4, Scotiabank reduced the firm’s price target on AvalonBay Communities Inc. (NYSE:AVB) from $193 to $190. The firm maintained its Sector Perform rating on the shares, which now offer a revised upside potential of over 12%. Copyright: waupee / 123RF Stock Photo The update comes as the firm revises its price targets across the U.S. multifamily REITs under its coverage. Scotiabank noted that many apartment market ...