BUZZ-Centerspace up after Raymond James upgrades to 'outperform', citing improving rent growth

Reuters
04-22
BUZZ-<a href="https://laohu8.com/S/CSR">Centerspace</a> up after Raymond James upgrades to 'outperform', citing improving rent growth 

** Brokerage Raymond James upgrades residential REIT Centerspace CSR.N to "outperform" from "market perform"

** Shares of CSR rise 1.4% to $58.58

** Brokerage has a $66 PT on the stock

** Says CSR's key markets, such as Denver and Minneapolis, are showing signs of strengthening with rent growth stabilizing and improving year over year

** Brokerage notes that the company's overall new lease growth has accelerated, while occupancy remains high at 95.3%

** "CSR is attractively valued at current levels with a peer leading dividend and unique portfolio benefiting from strengthening rent growth across the Midwest and invarious secondary markets, with limited new supply risk in the near term"- Brokerage

** Including session's moves, CSR stock down 11.4% YTD

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10