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A Health Care Pair Trade From Bank Of America: Sell Sabra Health, Hold Omega Health
Friday, November 16, 2018 - 4:55pm | 531Bank of America Merrill Lynch maintained its bearish stance on health care REITs in the wake of third-quarter results and the the National Association of Real Estate Investment Trusts annual conference. On Friday, the sell-side firm identified a pair trade within the sector. The Analyst...
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American Campus Communities Is Set To Gain Market Share, BofA Says In Upgrade
Thursday, June 14, 2018 - 12:26pm | 355American Campus Communities, Inc. (NYSE: ACC) is poised to gain market share within the "defensive" REIT space, according to Bank of America Merrill Lynch. The Analyst Analyst Juan Sanabria upgraded American Campus Communities from Neutral to Buy with a price target lifted...
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Bank Of America Says It Underestimated REITs' Execution, Demand
Saturday, May 12, 2018 - 9:18am | 506Self-storage REITs Extra Space Storage, Inc. (NYSE: EXR), CubeSmart (NYSE: CUBE) and Life Storage Inc (NYSE: LSI) all lifted their guidance when they reported first-quarter earnings. Bank of America Merrill Lynch revisited its model for the storage REITs in the wake of the guidance revisions....