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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Read More on PINE:
- Alpine Income Property initiated with an Overweight at Cantor Fitzgerald
- Alpine Income Property acquires property in Aspen, Colorado for $10.0M
- Alpine Income Property reports annual investment activity of $277.7M
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- Alpine Income Property Trust Expands Preferred Stock Offering
