-
UPDATE: Compass Point Reiterates On Independence Realty Trust As Capital Base/Pipeline Continue To Grow
Tuesday, July 29, 2014 - 8:42am | 147In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Independence Realty Trust (NYSE: IRT), and raised the price target from $10.50 to $11.50. In the report, Compass Point noted, “On July 21 the company closed on its $76 million common equity raise via the...
-
UPDATE: Compass Point Initiates Coverage On Alexander & Baldwin As Key Assets Drive Value
Wednesday, July 9, 2014 - 8:16am | 232In a report published Wednesday, Compass Point analyst Wilkes Graham initiated coverage on Alexander & Baldwin (NYSE: ALEX) with a Buy rating and $58.00 price target. In the report, Compass Point noted, “We are initiating on shares of ALEX with a Buy rating and a $58 price target. We believe...
-
UPDATE: Compass Point Upgrades Beazer Homes USA As Stock Warrants Investor Attention
Friday, May 2, 2014 - 8:00am | 170In a report published Friday, Compass Point analyst Wilkes Graham upgraded the rating on Beazer Homes USA (NYSE: BZH) from Neutral to Buy, and raised the price target from $24.00 to $25.00. In the report, Compass Point noted, “We are upgrading BZH to Buy from Neutral and raising our price target...
-
Compass Point Reiterates on 'Attractive & Valuable' Howard Hughes Summerlin MPC
Monday, April 21, 2014 - 1:22pm | 216In a report published Monday, Compass Point Research & Trading, LLC analyst Wilkes Graham reiterated a Buy rating on shares of The Howard Hughes Corporation (NYSE: HHC) and raised the price target from $190.00 to $200.00 following a tour of Summerlin MPC in Las Vegas, Nevada. Graham toured...
-
Compass Point Anticipates Slightly Higher Order Growth for Lennar
Monday, December 23, 2013 - 10:57am | 169In a report published Monday, Compass Point analyst Wilkes Graham reiterated a Neutral rating and $34.50 price target on Lennar (NYSE: LEN). In the report, Compass Point noted, “We are maintaining our Neutral rating and $34.50 PT. LEN had a solid fourth quarter beating both our estimate and the...
-
Compass Point Expects Uncertainty on KB Homes Following Margin Miss
Monday, December 23, 2013 - 10:48am | 163In a report published Monday, Compass Point analyst Wilkes Graham reiterated a Sell rating and $14.00 price target on KB Home (NYSE: KBH). In the report, Compass Point noted, “We are reiterating our Sell rating and $14.00 PT. KBH reported a weak quarter characterized by lower than expected margins...
-
Homebuilding Sector Getting Some Attention Amid Analyst Note, Upcoming Earnings Data
Tuesday, December 17, 2013 - 5:37pm | 426Investors in the Homebuilder group are digesting a number of news items Tuesday afternoon. In addition to a research note from a Compass Point analyst earlier, traders are reviewing data out of the NAHB. Later this week, the Street will get results from Lennar and data on housing starts on...
-
UPDATE: Compass Point Reiterates on Agree Realty on Model Update Following Equity Raise
Tuesday, November 26, 2013 - 10:07am | 153In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Agree Realty Corporation (NYSE: ADC), but lowered the price target from $36.00 to $35.00. In the report, Compass Point noted, “We are reiterating our Buy rating and lowering our price target to $35.00...
-
UPDATE: Compass Point Initiates Coverage on Gramercy Property Trust, Expects Impressive Returns
Friday, October 11, 2013 - 9:44am | 207In a report published Friday, Compass Point analyst Wilkes Graham initiated coverage on Gramercy Property Trust (NYSE: GPT) with a Buy rating and $6.50 price target. In the report, Compass Point noted, “We are initiating coverage on shares of GPT with a Buy rating and a $6.50 price target. Over...
-
UPDATE: Compass Point Raises PT on Agree Realty as Acquisitions Keep Pouring In
Friday, October 4, 2013 - 9:14am | 163In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Agree Realty Corporation (NYSE: ADC), and raised the price target from $34.50 to $36.00. In the report, Compass Point noted, “We are reiterating our Buy rating on shares of ADC and raising our price target...
-
UPDATE: Compass Point Initiates Coverage on Independence Realty Trust on Dividend Upside
Monday, September 9, 2013 - 12:25pm | 178In a report published Monday, Compass Point analyst Wilkes Graham initiated coverage on Independence Realty Trust (NYSE: IRT) with a Buy rating and $9.50 price target. In the report, Compass Point noted, “We are initiating coverage on IRT with a Buy rating and $9.50 price target. The company IPO'd...
-
UPDATE: Compass Point Initiates Physicians Realty Trust at Buy on Healthy Growth Strategy
Tuesday, August 13, 2013 - 8:58am | 205In a report published Tuesday, Compass Point analyst Wilkes Graham initiated coverage on Physicians Realty Trust (NYSE: DOC) with a Buy rating and $13.00 price target. In the report, Compass Point noted, “We are initiating coverage on DOC with a Buy rating and a $13.00 price target. DOC went...