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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off