-
Kimco Realty Bears: Beware The Potential For M&A
Monday, November 27, 2017 - 4:17pm | 428At around a 20 percent discount to net asset value, retail REIT Kimco Realty Corp (NYSE: KIM) is certainly not expensive. But the stock may have a difficult time outperforming the market if cash flow estimates are too high. The Analyst Baird analyst RJ Milligan downgraded Kimco from...
-
Spirit Realty Capital Shares Still Cheap, But Not Cheap Enough
Friday, November 10, 2017 - 6:10pm | 436Spirit Realty Capital, Inc (New) (NYSE: SRC) shares fell close to 25 percent on May 4 in reaction to its announcement that it sees issues with a number of its credit watch list tenants. The shares have rebounded from the low, prompting an analyst to move to the sidelines. The Analyst Baird...
-
6 Reasons To Like W.P. Carey
Thursday, October 19, 2017 - 11:48am | 500Initiating coverage of W.P. Carey Inc. REIT (NYSE: WPC), Baird gave six reasons to like the company. The firm initiated coverage of the shares of W.P. Carey with an Outperform rating and a $77 price target. Analyst RJ Milligan noted that the company's shares were trading at a discount to its...
-
National Storage Still An Inexpensive Play In Storage, Says Baird
Wednesday, July 6, 2016 - 3:12pm | 288Baird said National Storage Affiliates Trust (NYSE: NSA) is still the inexpensive way to play storage despite the 30 percent year-to-date rally in shares. National Storage Affiliates Trust is a Maryland real estate investment trust focused on the self storage properties located within the top...
-
UPDATE: Raymond James Upgrades Sovran Self Storage on Expected Strong 4Q Results
Tuesday, February 18, 2014 - 10:43am | 120In a report published Tuesday, Raymond James analyst RJ Milligan upgraded the rating on Sovran Self Storage (NYSE: SSS) from Market Perform to Strong Buy, and named an $80.00 price target. In the report, Raymond James noted, “We are upgrading the self storage sector to Overweight and upgrading two...
-
UPDATE: Raymond James Upgrades CubeSmart on Expected Strong 4Q Results
Tuesday, February 18, 2014 - 10:43am | 115In a report published Tuesday, Raymond James analyst RJ Milligan upgraded the rating on CubeSmart (NYSE: CUBE) from Market Perform to Outperform, and named a $20.00 price target. In the report, Raymond James noted, “We are upgrading the self storage sector to Overweight and upgrading two storage...