Alliance Global Partners analyst Gaurav Mehta’s lowered the firm’s price target on Alpine Income Property (PINE) to $19 from $20 and keeps a Buy rating on the shares. Alpine Income Property’s Q1 funds from operations beat the firm’s estimate by 2c per share, and the company was active in the transaction market in the quarter, while liquidity remained robust, the analyst tells investors in a research note. The firm cautions that macroeconomic uncertainty remains, though the company has not seen a material impact of tariffs on the transaction market or on tenants yet.
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Read More on PINE:
- Alpine Income Property price target lowered to $18.75 from $19.25 at Stifel
- Strategic Positioning and Strong Financial Performance Drive Buy Rating for Alpine Income Property Trust
- Alpine Income Property Trust Q1 2025 Financial Results
- Alpine Income Property reports Q1 AFFO 44c, consensus 43c
- Alpine Income Property raises FY25 AFFO view to $1.74-$1.77 from $1.70-$1.73
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