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Alpine Income Property price target raised to $21 from $19 at B. Riley

B. Riley raised the firm’s price target on Alpine Income Property (PINE) to $21 from $19 and keeps a Buy rating on the shares. Robust structured loan investment activity at yields well above those for typical net lease investments positions the REIT for strong 2026E AFFO/share growth, the analyst tells investors in a research note.

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