2022-11-11 06:43:21 SITC Site Centers
11/11/22 11/1106:43 11/11/2206:43 | Site Centers price target lowered to $14 from $17 at MizuhoMizuho analyst Haendel St. Juste lowered the firm's price target on Site Centers to $14 from $17 and keeps a Buy rating on the shares. The analyst expects less incremental occupancy upside going forward for the shopping center real estate investment trusts as portfolios exceed pre-COVID levels. Incremental internal growth will be primarily through leasing spreads and embedded rents, partially offset by higher operating and financing costs, St. Juste tells investors in a research note. |
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