Information Provided By: 
Fly News Breaks for December 18, 2019
ARE
Dec 18, 2019 | 06:19 EDT
RBC Capital analyst Michael Carroll downgraded Alexandria Real Estate to Outperform from Top Pick but raised his price target to $165, up from $155. The analyst believes that the REIT remains well positioned to deliver healthy organic and external growth, producing mid-to-high single digit earnings growth in 2020 and 2021. Carroll adds that Alexandria's expected $2B of new development and redevelopment projects through next year position it for incremental AFFO growth of about 550bps.
News For ARE From the Last 2 Days
There are no results for your query ARE
