Piper Sandler lowered the firm’s price target on Centerspace (CSR) to $68 from $75 and keeps a Neutral rating on the shares. The firm says that so far, its coverage universe is showing few signs of economic worry as leasing remains healthy, though managements are braced for any slowdown. Overall, Piper’s bullish call on West Coast apartments is playing out, while prime office is more resilient than the stocks suggest.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSR:
- Centerspace Maintains 2025 Financial Guidance Amid Revenue Growth
- Centerspace Earnings Call: Positive Outlook Amid Challenges
- Centerspace’s Growth Potential Highlighted by Improved Lease Spreads and Occupancy Rates Amidst Rising Expenses
- Centerspace Reports Q1 2025 Financial Results
- Centerspace reports Q1 Core EPS $1.21, consensus $1.21