tiprankstipranks
The Fly

Regency Centers price target raised to $80 from $78 at Scotiabank

Regency Centers price target raised to $80 from $78 at Scotiabank

Scotiabank raised the firm’s price target on Regency Centers (REG) to $80 from $78 and keeps a Sector Perform rating on the shares. The firm is providing updated thoughts on the recent NYC Office sale comparables and commercial mortgage-backed securities, CMBS, issuance, which has led to changes to the ratings of the U.S. Real Estate & REITs in its coverage, the analyst tells investors.

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

1