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BDN

Brandywine Realty

$15.42

-0.035 (-0.23%)

, LXP

Lexington Realty

$9.13

(0.00%)

16:36
03/25/19
03/25
16:36
03/25/19
16:36

Lexington Realty announces Patrick Carroll as CRO, Beth Boulerice as CFO

Lexington Realty (LXP) announced that executive VP Patrick Carroll has been appointed as Lexington's CRO. Carroll previously served as Lexington's CFO since 1998 and treasurer since 1999. Lexington also announced that executive VP Beth Boulerice has been appointed as Lexington's CFO and treasurer. Boulerice previously served as Lexington's CAO. Prior to joining Lexington in 2007, Boulerice was the CAO at Newkirk Realty and held various accounting roles at First Winthrop. Additionally, Lexington welcomed Mark Cherone, who has been appointed Lexington's CAO. Prior to joining Lexington in March, Cherone had been corporate controller for Brandywine Realty (BDN) since 2012.

BDN

Brandywine Realty

$15.42

-0.035 (-0.23%)

LXP

Lexington Realty

$9.13

(0.00%)

  • 26

    Mar

  • 25

    Apr

BDN Brandywine Realty
$15.42

-0.035 (-0.23%)

01/08/19
RAJA
01/08/19
DOWNGRADE
RAJA
Market Perform
Brandywine Realty downgraded to Market Perform from Outperform at Raymond James
02/04/19
LEHM
02/04/19
UPGRADE
Target $17
LEHM
Overweight
Brandywine Realty upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Ross Smotrich upgraded Brandywine Realty Trust to Overweight with an unchanged price target of $17.
02/04/19
LEHM
02/04/19
NO CHANGE
LEHM
Barclays upgrades U.S. REITs sector to Positive from Neutral
Barclays analyst Ross Smotrich upgraded his sector rating on U.S. Real Estate Investment Trusts to Positive from Neutral. Late cycle concerns around slowing growth, rising interest rates and full asset values are overdone, Smotrich tells investors in a research note. The analyst believes that real estate fundamentals "have a good runway for continued strength, particularly compared to the slowing broader market." In Multifamily, the analyst upgraded the sub-sector to Positive, reiterates Overweight ratings on Essex Property Trust (ESS) and MAA (MAA), upgraded Camden Property Trust (CPT) to Overweight from Equal Weight for exposure to "18 hour cities" and downgraded Aimco (AIV) to Equal Weight from Overweight on slowing growth. In Office, Smotrich keeps a Neutral sub-sector rating "with a Positive tilt." His outlook for the sector is improving given "healthy underlying fundamentals and attractive valuations." He upgraded both SL Green Realty (SLG) and Brandywine Realty (BDN) to Overweight from Equal Weight, and Douglas Emmett (DEI) to Equal Weight from Underweight. The analyst maintain Overweight ratings on Alexandria Real Estate (ARE), Boston Properties (BXP) and Hudson Pacific (HPP). In Retail, the analyst tells investors to stay selective. He prefers larger companies with "better-quality assets, balance sheet flexibility, the ability to take share and grow earnings even as retailers evolve and rationalization store counts." Smotrich upgraded Regency Centers (REG) to Overweight from Equal Weight, reaffirmed Overweights on both Kimco Realty (KIM) and Simon Property (SPG), and downgraded Kite Realty Group (KRG) to Equal Weight from Overweight.
02/25/19
BOFA
02/25/19
DOWNGRADE
BOFA
Neutral
Brandywine Realty downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst James Feldman downgraded Brandywine Realty to Neutral and lowered its price target to $16.50 from $17 to reflect lower earnings visibility.
LXP Lexington Realty
$9.13

(0.00%)

09/27/18
WELS
09/27/18
UPGRADE
Target $9
WELS
Outperform
Lexington Realty upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Todd Stender upgraded Lexington Realty Trust to Outperform and raised his price target for the shares to $9 from $8.50. The analyst likes company's recent announcement to sell a meaningful single-tenant suburban office building portfolio into a joint venture with Davidson Kempner Capital Management. He views Lexington's strategic shift favorably though does acknowledge the earnings dilution and potential dividend cut that may result. Now the company can focus on building out a more competitive footprint within one of the most sought-after property types within the overall REIT group, Industrial/Distribution, which should lead to multiple expansion, Stender tells investors in a research note.
10/12/18
JEFF
10/12/18
UPGRADE
Target $10
JEFF
Buy
Lexington Realty upgraded to Buy from Hold at Jefferies
Jefferies analyst Jonathan Petersen upgraded Lexington Realty Trust to Buy and raised his price target for the shares to $10 from $9. While the pending dividend cut has driven yield investors "to the exits," Lexington's shift toward industrial properties and away from office can drive greater than 50% multiple expansion, Petersen tells investors in a research note. He believes this can offset the 30% earnings dilution from the shift.
01/22/19
DADA
01/22/19
UPGRADE
DADA
Buy
Lexington Realty upgraded to Buy from Neutral at DA Davidson
01/22/19
01/22/19
UPGRADE
Target $10.5

Buy
Lexington Realty upgraded to Buy at DA Davidson on 'shift toward industrial'
As previously reported, DA Davidson analyst Barry Oxford upgraded Lexington Realty to Buy from Neutral and also raised his price target to $10.50 from $9.50. The analyst cites the company's progress in shifting its portfolio mix from office and multi-tenant properties into industrial, saying that its recent joint venture deal is accelerating its business goal to become 85% industrial by the end of 2019. Oxford is also positive on the company's "solid" balance sheet and attractive valuation with expected 2019 FFO multiple of 11.5-times relative to the single tenant group average trading at 15.8-times.

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LULU

Lululemon

$231.08

1.58 (0.69%)

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GOLD

Barrick Gold

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SAGE

Sage Therapeutics

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RH

RH

$237.33

-4.62 (-1.91%)

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WCC

Wesco

$54.92

-0.32 (-0.58%)

, AXE

Anixter

$88.88

-0.18 (-0.20%)

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WCC

Wesco

$54.92

-0.32 (-0.58%)

AXE

Anixter

$88.88

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NFLX

Netflix

$302.48

-4.88 (-1.59%)

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Conference/Events
Netflix management to meet with UBS »

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SGEN

Seattle Genetics

$114.26

-3.26 (-2.77%)

07:38
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Seattle Genetics initiated  »

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SYBT

S.Y. Bancorp

$41.02

-0.03 (-0.07%)

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S.Y. Bancorp management to meet with Stephens »

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  • 10

    Dec

DG

Dollar General

$154.81

0.075 (0.05%)

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HROW

Harrow Health

$6.53

0.04 (0.62%)

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TENB

Tenable Holdings

$24.81

-0.46 (-1.82%)

07:36
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Tenable Holdings analyst commentary  »

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  • 11

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TROW

T. Rowe Price

$124.48

0.59 (0.48%)

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T. Rowe Price reports preliminary AUM $1.18T at November 30 »

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  • 10

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FTSV

Forty Seven

$30.44

16.04 (111.39%)

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Forty Seven analyst commentary  »

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ZS

Zscaler

$47.34

0.62 (1.33%)

, TPR

Tapestry

$25.80

0.26 (1.02%)

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Unusual call flow in option market yesterday »

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ZS

Zscaler

$47.34

0.62 (1.33%)

TPR

Tapestry

$25.80

0.26 (1.02%)

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FRAN

Francesca's

$19.83

1.29 (6.96%)

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Earnings
Francesca's reports Q3 adj. EPS ($1.12) vs. ($2.08) last year »

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  • 10

    Dec

WH

Wyndham Hotels & Resorts

$57.94

-0.1 (-0.17%)

07:34
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Wyndham Hotels & Resorts management to meet with Wolfe Research »

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  • 10

    Dec

CNST

Constellation Pharmaceuticals

$36.15

-7.95 (-18.03%)

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  • 11

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AMGN

Amgen

$232.74

-1 (-0.43%)

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NVTA

Invitae

$17.10

-0.59 (-3.34%)

, BMRN

BioMarin

$78.87

-1.03 (-1.29%)

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Invitae

$17.10

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BMRN

BioMarin

$78.87

-1.03 (-1.29%)

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ATI

Allegheny Technologies

$23.76

0.1 (0.42%)

, GE

General Electric

$10.99

-0.105 (-0.95%)

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ATI

Allegheny Technologies

$23.76

0.1 (0.42%)

GE

General Electric

$10.99

-0.105 (-0.95%)

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  • 11

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  • 29

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PTON

Peloton

$34.78

2.215 (6.80%)

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VVV

Valvoline

$22.21

-0.17 (-0.76%)

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  • 10

    Dec

PCG

PG&E

$11.05

1.4 (14.51%)

07:30
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  • 07

    Jan

LEG

Leggett & Platt

$52.17

-0.91 (-1.71%)

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Leggett & Platt rating change  »

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ADUS

Addus HomeCare

$93.83

-1.6 (-1.68%)

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