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RBC Downgrades Alexandria Real Estate to Sector Perform

RBC Capital Markets Downgrades Alexandria Real Estate Equities to Sector Perform.

2024-10-25 13:17:46
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BC Capital Markets has downgraded Alexandria Real Estate Equities from Outperform to Sector Perform due to concerns over the company's life science REIT's non-core asset sales and tenant move-outs. This uncertainty is casting a shadow on its near-term earnings. Despite this, analyst Michael Carroll remains optimistic about the company's prospects.

RBC analyst downgrades Alexandria Real Estate investment rating to sector perform.

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