tiprankstipranks
Trending News
More News >

Alexander’s price target lowered to $145 from $160 at Piper Sandler

Piper Sandler lowered the firm’s price target on Alexander’s to $145 from $160 and keeps an Underweight rating on the shares. The firm cites Q1 results, backing out IKEA’s termination fee, accelerated rent and $7M annual rents. Piper forecasts Alexander’s to overpay the dividend by $30M in 2024 and $50M in 2025.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue