Evercore ISI Group Maintains In-Line on Alexandria Real Estate, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating on Alexandria Real Estate (NYSE:ARE) but has lowered its price target from $129 to $124.
October 23, 2024 | 3:05 pm
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Evercore ISI Group has maintained an 'In-Line' rating on Alexandria Real Estate but has lowered its price target from $129 to $124, indicating a slightly less optimistic outlook.
The lowering of the price target from $129 to $124 by Evercore ISI Group suggests a slightly less optimistic view on Alexandria Real Estate's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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