Gladstone Commercial price target raised to $18 from $16 at Alliance Global Partners

Alliance Global Partners raised the firm’s price target on Gladstone Commercial (GOOD) to $18 from $16 and keeps a Buy rating on the shares. The company reported Q3 results that showed operating performance remained stable, with 98.5% occupancy and 100% rent collection and steady tenant credit quality, while Gladstone was active in the transaction market with acquisitions and dispositions, the analyst tells investors.