Ross Smotrich

Barclays analyst Ross Smotrich took a fresh look at Douglas Emmett, Inc. (NYSE: DEI) following the company's first-quarter results and forecast. The brokerage maintains its Underweight rating and the $31.00 price target. The analyst noted that Douglas Emmett's first-quarter FFO was in line with his...

Barclays has cut its 2016 funds from operations (FFO) estimate for Vornado Realty Trust (NYSE: VNO) after lower-than-expected first quarter FFO. Vornado's first-quarter reported FFO of $1.07 was $0.22 below Barclays estimate and $0.15 below the consensus. Core FFO of $1.08 (+0.9 percent...

Digital Realty Trust, Inc. (NYSE: DLR) acquired Telx from two private equity firms for $1.886 billion back in July. The transaction closed on October 9, prompting Ross Smotrich of Barclays to reinstate coverage of the stock with an Overweight rating and $75 price target. The analyst noted...