BTIG downgraded Alexandria Real Estate (ARE) to Neutral from Buy without a price target The company’s Q3 report included an earnings miss, downward revision to fiscal year guidance and a “grim” initial outlook for 2026, the analyst tells investors in a research note. BTIG cites Alexandria’s higher expected occupancy erosion in the second half of 2025 and into 2026, asset sale delays, and slower lease-up of new developments for the downgrade. The absorption of excess supply could take materially longer than previously anticipated, “delaying the next cycle for life science real estate indefinitely,” the firm contends.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARE: