N@N

Austin Wurschmidt Downgraded (AVB) to Hold on, Jan 5th, 2024

Austin Wurschmidt of Keybanc, Downgraded "AvalonBay Communities, Inc." (AVB) to Hold on, Jan 5th, 2024.

Austin has made no other calls on AVB in the last 4 months.

There are 10 other peers that have a rating on AVB. Out of the 10 peers that are also analyzing AVB, 5 agree with Austin's Rating of Hold. Following are those relevant analyst calls for the last 4 months

---

• Andrew Rosivach of "Wolfe Research" Downgraded from Buy to Hold on, Tuesday, January 2nd, 2024
• Haendel St. Juste of "Mizuho" Maintained at Hold with Decreased Target to $176 on, Monday, December 11th, 2023
• Anthony Paolone of "JP Morgan" Upgraded from Sell to Hold and Decreased Target to $194 on, Wednesday, November 29th, 2023
• Richard Anderson of "Wedbush" Initiated at Hold and Held Target at $179 on, Tuesday, October 3rd, 2023
• Anthony Powell of "Barclays" Maintained at Hold with Decreased Target to $194 on, Friday, September 22nd, 2023

These are the ratings of the 5 analyists that currently disagree with Austin

---

• Michael Lewis of "Truist Securities" Reiterated at Strong Buy and Held Target at $202 on, Thursday, November 30th, 2023
• Steve Sakwa of "Evercore ISI Group" Maintained at Buy with Increased Target to $188 on, Thursday, November 30th, 2023
• Alexander Goldfarb of "Piper Sandler" Upgraded from Hold to Buy and Decreased Target to $194 on, Tuesday, October 31st, 2023
• David Toti of "Colliers Securities" Upgraded from Hold to Strong Buy and Held Target at $202 on, Thursday, September 14th, 2023
• James Feldman of "Wells Fargo" Maintained at Buy with Decreased Target to $192 on, Tuesday, September 12th, 2023

Contributing Sources

---