Scotiabank raised the firm’s price target on Brixmor (BRX) to $31 from $30 and keeps an Outperform rating on the shares. The firm is updating its price target due to moderating construction costs and leasing activity on the LaCenterra acquisition being ahead of underwriting, the analyst tells investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRX: