BMO Capital upgraded Easterly Government Properties (DEA) to Market Perform from Underperform with a $25 price target The firm sees the stock’s risk/reward more balanced going forward following the 19.5% pullback year-to-date. Easterly’s recent dividend cut and change in strategy will deliver more attractive earnings growth, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DEA: