Deutsche Bank Initiates Coverage On Alexandria Real Estate with Buy Rating, Announces Price Target of $140
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Omotayo Okusanya has initiated coverage on Alexandria Real Estate Equities (NYSE:ARE) with a Buy rating and set a price target of $140.
January 30, 2024 | 11:27 am
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Deutsche Bank has initiated coverage on Alexandria Real Estate Equities with a Buy rating and a price target of $140.
The initiation of coverage by a major bank with a Buy rating typically generates positive sentiment among investors, potentially driving the stock price up in the short term. The price target of $140 suggests a significant upside from current levels, which can further encourage buying activity.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100