Information Provided By: 
Fly News Breaks for August 16, 2017
EGP
Aug 16, 2017 | 06:24 EDT
BofA/Merrill analyst James Feldman upgraded EastGroup Properties to Neutral with a $96 price target saying he expects same store NOI growth to stop being a drag heading into 2018 due to reduced vacancies and said its portfolio is at less risk from new supply.
News For EGP From the Last 2 Days
EGP
Apr 23, 2024 | 17:33 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here
EGP
Apr 23, 2024 | 16:11 EDT
EGP
Apr 23, 2024 | 16:10 EDT
EGP
Apr 22, 2024 | 05:41 EDT
BMO Capital initiated coverage of EastGroup Properties with an Outperform rating and $190 price target. The company focuses on infill, small-bay industrial assets, which is currently more defensive than big-box warehouse, that has significantly more new supply and tepid demand, the analyst tells investors in a research note. Additionally, 89% of EastGroup's assets are the Sunbelt, which has attractive population growth and is a likely beneficiary of on- and near-shoring trends, says BMO.
