B of A Securities Reiterates Buy Rating for IVT
B of A Securities maintains a buy rating for IVT with a $38 price target, a 4.83% upside from the current price.
Key Points
- B of A Securities reiterated its buy rating for IVT on June 29, 2026, with a price target of $38.
- B of A Securities's $38 price target implies 4.83% upside from InvenTrust Properties Corp.'s ($IVT) current $36.25 share price.
- IVT shares traded near $36.17 on Monday, reflecting investor interest following the analyst's reiteration.
- Institutional activity includes BlackRock adding shares to reach 9.67 million, while State Street trimmed its holdings slightly.
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On June 29, 2026, B of A Securities reiterated its buy rating for IVT, setting a price target of $38. Analyst Craig Schmidt confirmed this outlook, maintaining confidence in the stock's potential growth.
B of A Securities vs. the S&P 500
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Other Institutional Activity in IVT
Several institutional investors have adjusted their positions in IVT. BlackRock, Inc. increased its holdings by 369,008 shares, ending with 9,670,929 shares valued at approximately $294.6 million, a 4.0% increase. Principal Financial Group Inc. also bolstered its stake, adding 1,539,672 shares for a total of 7,729,381 shares worth about $235.4 million, marking a 24.9% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, each acquiring over 3 million shares. Meanwhile, State Street Corp slightly reduced its stake by 44,748 shares, now holding 2,678,056 shares valued at $82.2 million, a 1.6% decrease.
InvenTrust Properties Corp. Stock Up 11.4%
Shares of IVT traded near $36.17 on Monday. The stock is experiencing a positive trend, partly influenced by recent analyst ratings and institutional activities.
$IVT price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at InvenTrust Properties Corp.
Insider activity at IVT on May 5, 2026, included several transactions. Nelson Scott purchased 4,372 shares, while Amanda Elizabeth Black also acquired 4,372 shares. Julie Swinehart bought 4,352 shares. Stuart Aitken made a notable move by both buying and selling 4,372 shares on the same day. These transactions were not part of a pre-arranged trading plan.
Analysts Set New Price Targets
On June 29, 2026, B of A Securities maintained its buy rating on IVT with a price target of $38. A month earlier, on May 29, B of A Securities had also maintained a buy rating with a $37 target. Wells Fargo, on May 26, upheld its buy rating with a $36 target. The consensus among analysts is a buy recommendation, with an average price target reflecting optimism about IVT's prospects.
Bottom Line
B of A Securities' reiterated buy rating and $38 price target for IVT underscores continued confidence in the company's growth potential. Institutional investors have been active, with some increasing their stakes, which may indicate positive sentiment. Insider transactions also show engagement from company executives. As always, these updates provide a snapshot of past actions and should be considered as part of a broader investment strategy.
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