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Washington Prime debt swap could stave off bankruptcy, says Compass Point » 09:28
01/13/21
01/13
09:28
01/13/21
09:28
WPG

Washington Prime

$9.05 /

+0.27 (+3.08%)

Compass Point analyst…

Compass Point analyst Floris van Dijkum raised the firm's price target on Washington Prime Group to $18 from $2 and keeps a Buy rating on the shares following the reverse stock split Before the end of the year, Washington Prime disclosed discussions of a potential $256M debt for $175M preferred equity swap, which could be the first step in addressing its $997less than of unsecured debt maturing in 2022, van Dijkum tells investors in a research note. Should the company successfully swap debt for preferred and refinance its 2022 maturing bank facility, "chances are the company could stave off bankruptcy," says the analyst.

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WPG Washington Prime
$9.05 /

+0.27 (+3.08%)

WPG Washington Prime
$9.05 /

+0.27 (+3.08%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
Over a week ago
Hot Stocks
Washington Prime rises 15.1% » 12:00
01/08/21
01/08
12:00
01/08/21
12:00
WPG

Washington Prime

$9.17 /

+1.19 (+14.91%)

Washington Prime is up…

Washington Prime is up 15.1%, or $1.20 to $9.16.

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WPG Washington Prime
$9.17 /

+1.19 (+14.91%)

WPG Washington Prime
$9.17 /

+1.19 (+14.91%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
Hot Stocks
Washington Prime announces compliance with NYSE listing standards » 16:03
01/06/21
01/06
16:03
01/06/21
16:03
WPG

Washington Prime

$7.35 /

+0.59 (+8.73%)

Washington Prime…

Washington Prime announced that it received written notification on January 4, 2021 from the New York Stock Exchange that the company has regained compliance with the NYSE continued listing standards. As previously disclosed, on April 28, 2020, the company received formal notice from the NYSE that it was not in compliance with the NYSE's continued listing standards as a result of the average closing price of the company's common stock being less than $1.00 per share over a consecutive 30 trading-day period.

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WPG Washington Prime
$7.35 /

+0.59 (+8.73%)

WPG Washington Prime
$7.35 /

+0.59 (+8.73%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
Hot Stocks
Washington Prime falls -12.1% » 12:01
12/22/20
12/22
12:01
12/22/20
12:01
WPG

Washington Prime

$7.21 /

-66.5657 (-90.23%)

Washington Prime is down…

Washington Prime is down -12.1%, or -99c to $7.20.

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WPG Washington Prime
$7.21 /

-66.5657 (-90.23%)

WPG Washington Prime
$7.21 /

-66.5657 (-90.23%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$7.21 /

-66.5657 (-90.23%)

Hot Stocks
Washington Prime falls -8.8% » 10:01
12/22/20
12/22
10:01
12/22/20
10:01
WPG

Washington Prime

$7.47 /

-66.3057 (-89.87%)

Washington Prime is down…

Washington Prime is down -8.8%, or -72c to $7.47.

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WPG Washington Prime
$7.47 /

-66.3057 (-89.87%)

WPG Washington Prime
$7.47 /

-66.3057 (-89.87%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$7.47 /

-66.3057 (-89.87%)

Hot Stocks
Washington Prime falls -5.2% » 09:48
12/22/20
12/22
09:48
12/22/20
09:48
WPG

Washington Prime

$7.72 /

-66.0557 (-89.54%)

Washington Prime is down…

Washington Prime is down -5.2%, or -42c to $7.76.

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WPG Washington Prime
$7.72 /

-66.0557 (-89.54%)

WPG Washington Prime
$7.72 /

-66.0557 (-89.54%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$7.72 /

-66.0557 (-89.54%)

Over a month ago
Conference/Events
Washington Prime to host business news update conference call » 13:25
12/09/20
12/09
13:25
12/09/20
13:25
WPG

Washington Prime

$1.11 /

-0.025 (-2.20%)

CEO Conforti holds a…

CEO Conforti holds a conference call to discuss innovation and new initiatives at its town centers and celebrate the launch of its new Innovation website on December 9 at 2 pm. Webcast Link

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WPG Washington Prime
$1.11 /

-0.025 (-2.20%)

WPG Washington Prime
$1.11 /

-0.025 (-2.20%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$1.11 /

-0.025 (-2.20%)

Conference/Events
Washington Prime to host business news update conference call » 04:55
12/09/20
12/09
04:55
12/09/20
04:55
WPG

Washington Prime

$1.14 /

+0.05 (+4.61%)

CEO Conforti holds a…

CEO Conforti holds a conference call to discuss innovation and new initiatives at its town centers and celebrate the launch of its new Innovation website on December 9 at 2 pm. Webcast Link

ShowHide Related Items >><<
WPG Washington Prime
$1.14 /

+0.05 (+4.61%)

WPG Washington Prime
$1.14 /

+0.05 (+4.61%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$1.14 /

+0.05 (+4.61%)

Conference/Events
Washington Prime to host business news update conference call » 17:58
12/03/20
12/03
17:58
12/03/20
17:58
WPG

Washington Prime

$1.13 /

+0.005 (+0.45%)

CEO Conforti holds a…

CEO Conforti holds a conference call to discuss innovation and new initiatives at its town centers and celebrate the launch of its new Innovation website on December 9 at 2 pm. Webcast Link

ShowHide Related Items >><<
WPG Washington Prime
$1.13 /

+0.005 (+0.45%)

WPG Washington Prime
$1.13 /

+0.005 (+0.45%)

12/01/20 Compass Point
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears
11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
WPG Washington Prime
$1.13 /

+0.005 (+0.45%)

Upgrade
Compass Point upgrades Washington Prime to Buy amid bankruptcy fears » 09:12
12/01/20
12/01
09:12
12/01/20
09:12
WPG

Washington Prime

$1.02 /

-0.05 (-4.67%)

, SKT

Tanger Factory

$9.45 /

-0.52 (-5.22%)

, TCO

Taubman Centers

$42.73 /

-0.085 (-0.20%)

As previously reported…

As previously reported yesterday, Compass Point analyst Floris van Dijkum upgraded Washington Prime (WPG) to Buy from Neutral with a price target of $2.00, up from $0.75. She sees an attractive near-term set-up given that the market is valuing the company like it will file for bankruptcy, although she puts only a 20% probability on Washington Prime not remaining a going concern, van Dijkum told investors. In the same Mall REIT sector note, the analyst raised her price target for Tanger Factory (SKT) to $10.50 from $7.50 and raised her price target for Taubman Centers (TCO) to $43 from $38.

ShowHide Related Items >><<
WPG Washington Prime
$1.02 /

-0.05 (-4.67%)

TCO Taubman Centers
$42.73 /

-0.085 (-0.20%)

SKT Tanger Factory
$9.45 /

-0.52 (-5.22%)

WPG Washington Prime
$1.02 /

-0.05 (-4.67%)

11/30/20 Compass Point
Washington Prime upgraded to Buy from Neutral at Compass Point
06/04/20 Compass Point
Compass Point starts Washington Prime with Neutral, $1 price target
06/04/20 Compass Point
Washington Prime initiated with a Neutral at Compass Point
03/26/20 RBC Capital
Cheesecake, AMC news highlight tenants financial stress, says RBC Capital
SKT Tanger Factory
$9.45 /

-0.52 (-5.22%)

11/09/20 Compass Point
Tanger Factory upgraded to Neutral after earnings at Compass Point
11/09/20 Compass Point
Tanger Factory upgraded to Neutral from Sell at Compass Point
09/21/20 KeyBanc
Tanger Factory upgraded to Sector Weight at KeyBanc on improving trends
09/21/20 KeyBanc
Tanger Factory upgraded to Sector Weight from Underweight at KeyBanc
TCO Taubman Centers
$42.73 /

-0.085 (-0.20%)

11/17/20 Compass Point
Macerich upgraded to Buy following peer's revised deal at Compass Point
11/16/20 Mizuho
Simon Property price target raised to $74 from $66 at Mizuho
11/16/20 Piper Sandler
Taubman Centers upgraded to Neutral from Underweight at Piper Sandler
09/09/20 Deutsche Bank
Deutsche closes near-term sell idea on Taubman Centers
TCO Taubman Centers
$42.73 /

-0.085 (-0.20%)

SKT Tanger Factory
$9.45 /

-0.52 (-5.22%)

TCO Taubman Centers
$42.73 /

-0.085 (-0.20%)

WPG Washington Prime
$1.02 /

-0.05 (-4.67%)

TCO Taubman Centers
$42.73 /

-0.085 (-0.20%)

SKT Tanger Factory
$9.45 /

-0.52 (-5.22%)

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