Scotiabank Lowers PT on Invitation Homes (INVH) Stock

Invitation Homes Inc. (NYSE:INVH) is one of the Best Housing Stocks to Buy According to Hedge Funds. On August 28, Scotiabank reduced the price target on the company’s stock to $36 from $38, while keeping a “Sector Perform” rating, as reported by The Fly. The firm has been updating its price targets on stocks in the broader US Real Estate & REITs sector under its coverage after the Q2 2025 results. Elsewhere, Invitation Homes Inc. (NYSE:INVH)’s Q2 2025 performance demonstrates the continued strength and resilience of its platform.

The company continued to benefit from healthy resident demand, higher renewal rates, and disciplined cost control. Collectively, these reinforce its long-term growth strategy. On a YoY basis, Invitation Homes Inc. (NYSE:INVH)’s total revenues rose 4.3% to $681 million, property operating and maintenance costs increased 4.3% to $244 million, and net income available to common stockholders went up by 92.7% to $141 million.

Furthermore, Invitation Homes Inc. (NYSE:INVH) stated that acquisitions for Q2 2025 totaled 1,040 homes for ~$350 million via the various acquisition channels. Dispositions for Q2 2025 consisted of 295 wholly-owned homes for gross proceeds of ~$111 million and 63 homes for gross proceeds of ~$30 million in its joint ventures.

While we acknowledge the potential of INVH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.