Evercore ISI raised the firm’s price target on Alexandria Real Estate to $137 from $126 and keeps an Outperform rating on the shares. Heading into Q4 healthcare REIT earnings season, the firm raised its targets on four stocks in the group, reflecting slightly higher targeted forward AFFO multiples.
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Read More on ARE:
- Alexandria Real Estate price target raised to $154 from $145 at Mizuho
- Alexandria Real Estate leases property in SF Bay Area to Cargo Therapeutics
- Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.27 per Common Share for 4Q23, an Increase of 3 Cents Over 3Q23, and an Aggregate of $4.96 per Common Share for 2023, an Increase of 24 Cents, or 5 Percent, Over 2022
- Alexandria Real Estate raises quarterly dividend to $1.27 from $1.24 per share
- Alexandria Real Estate price target raised to $119 from $115 at Evercore ISI