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Evercore ISI Lowers Alexandria Real Estate Price Target to $119

Evercore lowers ARE price target to $119, maintains In Line rating ahead of Dec 4 investor day.

2024-11-28 13:05:26
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W
e're currently experiencing some technical difficulties, which are causing delays in the market data on this page. We apologize for any inconvenience and are working to resolve the issue as soon as possible. In related news, Evercore ISI has reduced its price target on Alexandria Real Estate (ARE) to $119 from $121, maintaining an "In Line" rating ahead of the company's investor day on December 4. The firm believes FY25 consensus estimates may be too high and will likely come in below FY24 results due to ongoing headwinds. Evercore's own estimates for FY25 are 2% lower than consensus and 3% lower than the Street's expectations for FY26.

Evercore ISI analyst lowers price target for Alexandria Real Estate to $119.

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