JMP Securities Maintains Market Outperform on Alexandria Real Estate, Lowers Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Aaron Hecht maintains a Market Outperform rating on Alexandria Real Estate (NYSE:ARE) but lowers the price target from $180 to $160.

July 26, 2023 | 12:25 pm
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Alexandria Real Estate's price target has been lowered from $180 to $160 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Market Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100