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Analyst On WeWork: High Growth Equals High Cash Burn
Tuesday, September 17, 2019 - 1:26pm | 374WeWork is postponing its initial public offering, partly due to valuation concerns. The botched IPO may have been a positive move as it would have been "hard to imagine" the stock performing well, according to D.A. Davidson. The Analyst D.A. Davidson real estate analyst Barry Oxford...
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4 REITs That Could See M&A Activity Soon
Wednesday, July 1, 2015 - 5:36pm | 353D.A. Davidson analysts Barry Oxford and Steve Shaw just issued a new research note on the real estate sector that asked a simple question: "Will this be the summer of mergers & acquisitions?" While the two aren't aware of any current M&A chatter, they name three office...
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D.A. Davidson Raises Price Target On Boston Properties On Extremely High Valuations
Friday, January 30, 2015 - 11:30am | 98In a report published Friday, D.A. Davidson analyst Barry Oxford reiterated a Neutral rating on Boston Properties (NYSE: BXP), and raised the price target from $140.00 to $145.00. In the report, D.A. Davidson noted, “Boston Properties reported fourth quarter results of $1.26 FFO per share, even...
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UPDATE: D.A. Davidson Initiates Coverage On City Office REIT
Thursday, December 18, 2014 - 12:37pm | 281D.A. Davidson initiated coverage on City Office REIT Inc (NYSE: CIO) Thursday with a Buy rating and $14 price target. Analysts Barry Oxford and Paula Poskon noted that “City Office’s buildings are located in the South and West regions where much of the U.S. job growth is being...
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UPDATE: D.A. Davidson Initiates Coverage On First Potomac Realty Trust On Fair Valuation
Friday, December 12, 2014 - 11:34am | 108In a report published Friday, D.A. Davidson analyst Barry Oxford initiated coverage on First Potomac Realty Trust (NYSE: FPO) with a Neutral rating and $13.00 price target. In the report, D.A. Davidson noted, “FPO shares are currently trading at a 12.8x multiple of consensus 2015 FFOPS—not the...
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UPDATE: D.A. Davidson Initiates Coverage On Douglas Emmett On Valuation
Friday, December 12, 2014 - 11:25am | 136In a report published Friday, D.A. Davidson analyst Barry Oxford initiated coverage on Douglas Emmett (NYSE: DEI) with a Neutral rating and $30.00 price target. In the report, D.A. Davidson noted, “The stock's current valuation adequately reflects our NAV of $29 per share and target price of $30....
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UPDATE: D.A. Davidson Initiates Coverage On Hudson Pacific Properties On Blackstone Deal Announcement
Friday, December 12, 2014 - 11:18am | 120In a report published Friday, D.A. Davidson analyst Barry Oxford initiated coverage on Hudson Pacific Properties (NYSE: HPP) with a Buy rating and $35.00 price target. In the report, D.A. Davidson noted, “HPP recently announced a transforming deal with Blackstone, buying 26 properties in the San...