Alexandria Real Estate price target lowered to $130 from $135 at RBC Capital
The Fly

Alexandria Real Estate price target lowered to $130 from $135 at RBC Capital

RBC Capital lowered the firm’s price target on Alexandria Real Estate to $130 from $135 and keeps an Outperform rating on the shares after its Q2 results. The company delivered a fine operational update that was largely in-line with expectations, but the management also highlighted a few sizable transactions that negatively impact the earnings run rate, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App