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STAG

STAG Industrial

$23.06

0.4 (1.77%)

08:02
10/14/16
10/14
08:02
10/14/16
08:02

STAG Industrial upgraded to Overweight on robust pipelie at Capital One

Capital One analyst Thomas Lesnick upgraded STAG Industrial to Overweight and raised its price target to $24 from $23 on a robust acquisition pipeline and a portfolio sale that should act as a catalyst for shares. The analyst said STAG's acquisition volume should be at the high end of management's 2016 $450M guidance. Further, STAG entered into two build-to-suit development takeouts for 2017 totaling $51.1M and entered into an $80M portfolio sale along the southeast I-85 corridor, which he estimates to be a 7.0% cap in our model.

  • 04

    Nov

STAG STAG Industrial
$23.06

0.4 (1.77%)

03/11/16
BOFA
03/11/16
DOWNGRADE
Target $18.25
BOFA
Underperform
STAG Industrial downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst Juan Sanabria downgraded STAG Industrial to Underperform citing valuation and maintained his $18.25 price target on shares. The analyst said STAG's external growth strategy remains pressured and cost of capital challenges acquisition growth.
06/13/16
EVER
06/13/16
DOWNGRADE
Target $23
EVER
Hold
STAG Industrial downgraded to Hold from Buy at Evercore ISI
Evercore ISI analysts led by Steve Sakwa downgraded STAG Industrial due to valuation and raised its price target to $23 from $22.50.
07/18/16
SOCO
07/18/16
DOWNGRADE
SOCO
Equalweight
STAG Industrial downgraded to Equalweight from Overweight at Capital One
10/14/16
SOCO
10/14/16
UPGRADE
SOCO
Overweight
STAG Industrial upgraded to Overweight from Equalweight at Capital One

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