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Credit Suisse Initiates Retail Properties Of America At Outperform, Sees Mispriced Portfolio
Friday, January 15, 2016 - 9:51am | 314Read More...Shares of Retail Properties of America Inc (NYSE: RPAI) have declined 16.59 percent over the past one year, dropping almost to their 52-week low on September 4. George Auerbach of Credit Suisse has initiated coverage of the company with an Outperform rating and price target of $17.50....
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Credit Suisse: Sears REIT Seritage Asset Quality 'Better Than Expected'
Sunday, July 5, 2015 - 2:34pm | 1010Read More...Sears Holdings Corp (NASDAQ: SHLD) new REIT Seritage Growth Properties, is anticipated to start trading July 6, on the NYSE under ticker symbol SRG. Seritage will initially consist of 266 properties, totaling ~42 million square feet of "boxes," with Sears and Kmart as the primary...
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How Much Upside Do Sears REIT JVs Really Have?
Thursday, July 2, 2015 - 11:54am | 842Read More...On July 1, Credit Suisse (CS) analysts George Auerbach and Ian Weissman published a detailed analysis on Sears Holdings (NASDAQ: SHLD) real estate, which will be owned by Seritage Growth Properties. There are a total of 266 Sears store properties which make up the initial portfolio of Seritage...
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UPDATE: Credit Suisse Upgrades Eastgroup Properties Following Near-Term Underperformance
Monday, December 8, 2014 - 9:04am | 152Read More...In a report published Monday, Credit Suisse analyst George Auerbach upgraded the rating on Eastgroup Properties Inc (NYSE: EGP) from Underperform to Neutral, and reiterated the $69.00 price target. In the report, Credit Suisse noted, “We are upgrading EastGroup to Neutral from Underperform as the...
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ISI Initiates Coverage on Eastgroup Properties
Friday, January 3, 2014 - 11:41am | 250Read More...In a report published Friday, ISI analyst George Auerbach initiated coverage on Eastgroup Properties (NYSE: EGP) with a Neutral rating and $57.00 price target. “Our $57 PT is a weighted average blend of our $60 fwd NAV (with a targeted 5% premium, inline with other blue chip REITs), our $57 DCF,...
