2020-07-02 06:14:20 OFC Corporate Office Properties
07/02/20 07/0206:14 07/02/2006:14 | Corporate Office Properties upgraded on minimal COVID impact at JPMorganJPMorgan analyst Anthony Paolone upgraded Corporate Office Properties to Overweight from Neutral with a price target of $29, up from $26. The analyst sees room for multiple expansion over time, saying Corporate Office Properties is one of the few real estate investment trusts likely to have 2020/2021 earnings that are only minimally impacted by COVID-19. The company's 4.4% dividend is safe and its tenant credit quality is high, Paolone tells investors in a research note. |
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