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China Will Raise Tariffs On $60B Worth Of US Goods To 25% By June 1
Monday, May 13, 2019 - 9:49am | 675Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent...
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BTIG Downgrades AvalonBay Communities As Peak Supply Forecast Is Pushed Back
Thursday, May 31, 2018 - 1:33pm | 313AvalonBay Communities Inc (NYSE: AVB) recently announced a second-quarter cash dividend. The dividend is $1.47 per share and is payable July 16 to all common stockholders of record as of June 29.. The Analyst BTIG's analyst James Sullivan downgraded AvalonBay Communities from Buy to Neutral....
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BTIG: Despite Blackstone Deal, Pebblebrook Still Has Options With LaSalle Hotel Properties
Monday, May 21, 2018 - 4:23pm | 640LaSalle Hotel Properties (NYSE: LHO) announced it has accepted a $3.7-billion all-cash acquisition offer from Blackstone Group LP (NYSE: BX), spurning a previous offer from Pebblebrook Hotel Trust (NYSE: PEB). The Blackstone deal amounts to a $33.50-per-share offer, lower than Pebblebrook’s...
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Host Hotels & Resorts Upgraded On Improving Growth Prospects
Monday, December 4, 2017 - 4:24pm | 481Host Hotels and Resorts Inc (NYSE: HOST), an operator of 96 luxury hotels, received an upgrade despite weak demand in the business and international sectors. With strong leisure demand boosting hotels, a potential rebound in international and business growth would be a boon for the company,...
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Cowen Likes Industrial REIT Terreno Realty; Initiates At Outperform
Thursday, August 13, 2015 - 2:57pm | 1101Cowen & Company analyst James Sullivan on Wednesday published a research note, "Differentiated Strategy Justifies Premium Multiple," initiating industrial REIT Terreno Realty Corporation (NYSE: TRNO) at Outperform. Terreno follows a unique strategy of targeting multi-tenant,...
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One Of The Market's Biggest Healthcare REITs: Should You Buy?
Wednesday, July 29, 2015 - 4:49pm | 275Shares of Biomed Realty Trust Inc (NYSE: BMR) surged roughly 5 percent on Wednesday, after the company reported second-quarter funds from operations (FFO) per share of $0.58, surpassing the Street’s estimate of $0.48 per share. In a report issued Wednesday, Cowen & Co. analysts James...
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UPDATE: Cowen Upgrades Macerich
Wednesday, January 22, 2014 - 11:48am | 253In a report published Wednesday, Cowen analyst James Sullivan upgraded Macerich (NYSE: MAC) to Outperform from Market Perform, raising its price target to $70.00 from $59.00. According to the report, the success of recent projects has alleviated the analyst's concerns about MAC's development...
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UPDATE: Cowen Downgrades CBL & Associate Properties
Wednesday, January 22, 2014 - 11:42am | 245In a report published Wednesday, Cowen analyst James Sullivan downgraded CBL & Associate Properties (NYSE: CBL) to Market Perform, with a $19.00 price target. According to the report, with persistent anchor sales weakness, store closings by JCP and SHLD are likely to intensify in the near...