Truist lowered the firm’s price target on Easterly Government Properties (DEA) to $25 from $30 and keeps a Hold rating on the shares. The firm is assuming Easterly’s operating portfolio remains nearly fully leased. It reduced estimates to the low end of management’s guidance assuming some acquisition expenses.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DEA:
- Easterly Government Properties price target lowered to $22 from $27.50 at RBC Capital
- Easterly Government Properties Holds Annual Stockholder Meeting
- Easterly Government Properties Appoints New Accounting Officer
- Easterly Government Properties Reduces Authorized Shares
- Easterly Government Properties acquires DHS Law Enforcement Support Center
