CIBC analyst Dean Wilkinson raised the firm’s price target on BSR REIT (BSRTF) to $17 from $16 and keeps an Outperformer rating on the shares. The company announced a “transformational” deal with AvalonBay Communities, the analyst tells investors in a research note. The firm adjusted estimates for the deal.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.