BTIG analyst Thomas Catherwood names Alexandria Real Estate (ARE) as his BTIG Top Pick for first half of 2023, replacing Terreno Realty (TRNO) on that list. The company is the industry leader providing real estate solutions to the life science industry and the accelerating pace of discovery, development, and approval for novel drugs and therapeutics continues to drive robust capital formation in the group, the analyst tells investors in a research note. Catherwood has a Buy rating and a $186 price target on the stock.
Published first on TheFly
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- Alexandria Real Estate raises quarterly dividend to $1.21 from $1.18 per share
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