B of A Securities Downgrades Alexandria Real Estate to Neutral, Lowers Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Alexandria Real Estate (NYSE:ARE) from Buy to Neutral and lowered the price target from $151 to $126.
July 29, 2024 | 11:34 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
B of A Securities has downgraded Alexandria Real Estate from Buy to Neutral and lowered the price target from $151 to $126. This downgrade and reduced price target may lead to a short-term decline in the stock price.
The downgrade from Buy to Neutral and the significant reduction in the price target from $151 to $126 by B of A Securities is likely to negatively impact investor sentiment and lead to a short-term decline in the stock price of Alexandria Real Estate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100