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7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More
Monday, May 23, 2022 - 5:49pm | 1055The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay...
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6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM And More
Tuesday, April 19, 2022 - 3:01pm | 884When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock. The S&P 500 average dividend yield is currently 1.4%, but there are a handful of quality S&P 500 stocks with dividend yields above 4%....
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5 Best Real Estate Stocks To Buy
Tuesday, March 22, 2022 - 12:30pm | 763Real estate can be one of the best ways to hedge against inflation, but buying and selling property, houses, businesses or other real-world real estate is impractical for many smaller investors. Fortunately, there are plenty of real estate sector stocks and real estate investment trusts (REITs)...
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BofA Upgrades Self-Storage REITs
Tuesday, March 24, 2020 - 3:39pm | 449The U.S. is poised to enter a recession amid the growing coronavirus pandemic, but this outlook is favorable for self-storage companies, according to BofA Securities. The Analyst Jeffrey Spector upgraded Life Storage Inc (NYSE: LSI) from Neutral to Buy with a price target lowered from $126 to $117...
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Bank Of America Upgrades Life Storage On Greater Supply Visibility
Monday, January 6, 2020 - 3:07pm | 287Although Life Storage Inc (NYSE: LSI) may continue to record decelerating top line growth, improved supply visibility and better expense control may allow the company to generate growth in funds from operations in 2020, according to BofA Securities. The Analyst Bank of America analyst Jeffrey...
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Bank Of America Downgrades CubeSmart On Intensifying Supply Pressures
Monday, January 6, 2020 - 2:46pm | 257CubeSmart (NYSE: CUBE) is facing elevated supply pressures and risk of negative SS NOI (same-store net operating income), according to BofA Securities. The Analyst BofA analyst Jeffrey Spector downgraded CubeSmart from Neutral to Underperform, reducing the price target from $33 to $31. The Thesis...
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Bank Of America Downgrades Public Storage On Limited Near-Term Catalysts
Tuesday, November 19, 2019 - 3:21pm | 310Public Storage (NYSE: PSA) is facing elevated supply and marketing pressures, and there is limited earnings visibility heading into 2020, according to Bank of America. The Analyst BofA’s Jeffrey Spector downgraded Public Storage from buy to Neutral while reducing the price target from $...
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BofA Downgrades Life Storage On Sales Pressure, Low Visibility, Valuation
Friday, March 8, 2019 - 3:09pm | 283Supply pressures remain a key concern for Life Storage Inc (NYSE: LSI), and leading indicators point toward a deceleration in rents in the near term, according to Bank of America Merrill Lynch. The Analyst Analyst Jeffrey Spector downgraded Life Storage from Neutral to Underperform and...
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BofA Goes Against Tide On Boston Properties, Upgrades To Buy With Street's Highest Price Target
Thursday, February 15, 2018 - 12:51pm | 388Boston Properties, Inc. (NYSE: BXP) is likely to be a beneficiary of leasing progress in New York City and San Francisco, development leasing and new development starts and above-average 2019 growth, a Bank of America Merrill Lynch said in a Thursday note. The Analyst BofA's Jeffrey...
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Public Storage Downgraded, But Analyst Says 'We Could Be Wrong'
Monday, December 4, 2017 - 2:12pm | 430Public Storage (NYSE: PSA) is likely to underperform given an unattractive valuation and persisting supply pressures, and yet there's a variable that a Bank of America Merrill Lynch analyst said could make the firm more bullish on the self-storage company. The Analyst BofA...
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Post-Harvey Boost Won't Last For Life Storage
Monday, September 25, 2017 - 3:36pm | 391Bank of America Merrill Lynch downgraded shares of Life Storage Inc (NYSE: LSI), reasoning that the post-hurricane euphoria the stock is enjoying is not a lasting tailwind and, furthermore, valuation isn't compelling. The firm noted that Life Storage shares have outperformed its storage peers...
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Self-Storage REITs Might Be The Way To Play, Says BofA
Friday, August 21, 2015 - 8:20am | 286Self-storage REITs reported sector-leading SS NOI growth in the second quarter of the year, even above already high expectations. With peak occupancies across the industry driving greater pricing power, Bank of America Merrill Lynch analysts Jana Galan, Jeffrey Spector and Camille Tan...
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UPDATE: Bank of America Downgrades Boston Properties After Recent Sell Off
Tuesday, October 8, 2013 - 10:51am | 123In a report published Tuesday, Bank of America analyst Jeffrey Spector downgraded the rating on Boston Properties (NYSE: BXP) from Buy to Neutral, but reiterated the $118.00 price target. In the report, Bank of America noted, “We are downgrading BXP to Neutral from Buy and maintaining our $118 PO...
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UPDATE: Bank of America Downgrades Federal Realty Investment Trust on Limited Near-Term Catalysts
Friday, August 9, 2013 - 8:39am | 149In a report published Friday, Bank of America analyst Jeffrey Spector downgraded Federal Realty Investment Trust (NYSE: FRT) from Buy to Neutral, and lowered the price target from $123.00 to $116.00. In the report, Bank of America noted, “We are downgrading FRT from Buy to Neutral and lowering...