UPDATE: J.P. Morgan Initiates Coverage on American Homes 4 Rent on Positive Outlook

In a report published Monday, J.P. Morgan analyst Anthony Paolone initiated coverage on American Homes 4 Rent (NYSE: AMH ) with an Overweight rating and $18.00 price target. In the report, J.P. Morgan noted, “We are launching coverage on American Homes 4 Rent (AMH) with an Overweight rating and year-end