Evercore ISI Group Maintains Outperform on Alexandria Real Estate, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa maintains an Outperform rating on Alexandria Real Estate (NYSE:ARE) but lowers the price target from $137 to $135.
August 17, 2023 | 10:32 am
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Evercore ISI Group maintains an Outperform rating on Alexandria Real Estate but lowers the price target from $137 to $135.
The news is directly related to Alexandria Real Estate (ARE). The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could potentially impact the stock's performance in the short term.
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