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Agree Realty Is A 'Net Winner' In A Challenging Macro, Says Analyst
Thursday, June 22, 2023 - 12:25pm | 340Read More...Shares of Agree Realty Corporation (NYSE: ADC) maintained a downward trajectory in early trading on Thursday and are down more than 8% year to date. The recent selloff in Agree Realty’s stock offers “an attractive entry point” into a REIT that has “high investment-grade...
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Is Buffett To Blame For Store Capital Downgrade?
Tuesday, June 27, 2017 - 11:02am | 422Read More...Store Capital Corp (NYSE: STOR) announced Monday that the company sold 18.6 million shares to National Indemnity Co, a subsidiary of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). "Berkshire Hathaway's investment solidly positions STORE for continued growth, while adding measurably...
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Mizuho's Take On Retail REITs Following ICSC Convention
Thursday, May 26, 2016 - 2:20pm | 356Read More...The recent market volatility in the retail REIT space could be an overreaction to sluggish sales numbers from big-name retailers such as Macy’s, Inc. (NYSE: M) and Kohl’s Corporation (NYSE: KSS). After attending the ICSC annual convention in Las Vegas, Mizuho analyst Haendel St. Juste...
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Mizuho Makes Big Retail REIT Call, Picks 10 Favorites
Thursday, April 14, 2016 - 10:56am | 558Read More...It's long been said that quality trumps quantity, but Mizuho has tweeked the saying for retail REITS. "Quality ‘trumps' value," Mizuho analyst Haendel St. Juste said. "Retail REITs are off to a strong start in 2016 (+5 percent YTD for malls, +7 percent YTD for...
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How Morgan Stanley Is Playing Homebuilders In 2016
Wednesday, October 14, 2015 - 2:22pm | 604Read More...Haendel St. Juste of Morgan Stanley is expecting housing to continue growing in 2016, but at a slower pace. St. Juste added that the currently industry valuation is "fair." St. Juste offered two "interesting opportunities," which consist of a price target raise on shares of Lennar Corporation (...
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KBW Downgrades Home Properties To Market Perform (HME)
Monday, February 22, 2010 - 11:14am | 103Read More...KBW analyst, Haendel St. Juste changed Home Properties (NYSE: HME) to market perform. The analyst believes that the company is at full valuation. This is based on its lowered dividend, and a modest return potential. Home Properties topped the estimate and consensus for the fourth quarter....
