JonesResearch analyst Jason Weaver lowered the firm’s price target on Alpine Income Property (PINE) to $19 from $20 and keeps a Buy rating on the shares after the company reported Q2 AFFO of 44c, in-line with the firm’s estimate and marginally missing the consensus estimate of 45c.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PINE:
- Alpine Income Property price target lowered to $18 from $19 at Alliance Global Partners
- Alpine Income Property price target lowered to $19 from $19.50 at B. Riley
- Alpine Income Property price target lowered to $17.50 from $18.50 at Stifel
- Alpine Income Property backs FY25 AFFO view $1.74-$1.77, consensus $1.77
- Alpine Income Property reports Q2 AFFO EPS 44c, consensus 45c