Mizuho analyst Vikram Malhotra raised the firm’s price target on Alexandria Real Estate Equities to $180 from $178 and keeps a Buy rating on the shares. The analyst has higher confidence in the company’s fiscal 2023 trajectory and reiterates the stock as a top pick for fiscal 2023 post the Q4 results.
Published first on TheFly
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- Alexandria Real Estate exec Lee sells 4,800 common shares
- Alexandria Real Estate price target raised to $174 from $162 at Baird
- Alexandria Real Estate sees FY23 FFO $8.86-$9.06, consensus $8.92
- Alexandria Real Estate reports Q4 same property net operating growth 4.7%
- Alexandria Real Estate Equities, Inc. Reports: 4Q22 and 2022 Net Income per Share – Diluted of $0.31 and $3.18, respectively; and 4Q22 and 2022 FFO per Share – Diluted, As Adjusted, of $2.14 and $8.42, respectively
