BTIG analyst Thomas Catherwood keeps his Buy rating and $22 price target Veris Residential after the company’s disclosure yesterday indicated that a potential acquisition by Kushner Companies is likely off the table for now. The Board remains interested in conducting a sale process and the sale of Harborside 1/2/3 remains on track, the analyst tells investors in a research note, adding that he continues to see "substantial value" in Veris’s residential portfolio.
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