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.
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 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