Alexander’s price target lowered to $135 from $145 at Piper Sandler

Piper Sandler lowered the firm’s price target on Alexander’s to $135 from $145 and keeps an Underweight rating on the shares ahead of earnings. The firm is also lowering its 2024 of FFO by 99c to $11.82 and decreasing its 2025 by $1.78 to $7.07.