Jefferies Lowers Price Objective for Alexandria Real Estate Equities
2 reports, 1 independent
Updated Sun 00:00
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AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Jefferies Financial Group decreased its price objective for Alexandria Real Estate Equities by equities researchers. The target was lowered from $47.00 to $46.00. The brokerage currently maintains a "hold" rating on the real estate investment trust’s stock.
From tickerreport.com
Why it matters
The rating change reflects a potential downside of 11.20% from the company’s current price based on the new target. This analyst action impacts market sentiment regarding the performance of the real estate investment trust.
From tickerreport.com
Who's involved
- Alexandria Real Estate EquitiesReal estate investment trust subject to analyst coverage
- Jefferies Financial GroupFinancial services firm providing analyst ratings and price targets
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The entities involved
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Alexandria Real Estate Equities
American real estate company
Nothing else this week.
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Jefferies Financial Group
American financial services company
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