Truist analyst Michael Lewis raised the firm’s price target on Corporate Office Properties to $28 from $26 but keeps a Hold rating on the shares. The analyst cites the company’s “good’ Q2 results that were supported by a strong portfolio leasing activity and also believes that the REIT is positioned for continued steady growth. The firm adds however that there are other REITs that appear “more deeply undervalued with higher potential upside”.
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Read More on OFC:
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