J.P. Morgan analyst Anthony Paolone downgrades $Alexandria Real Estate Equities Inc (ARE.US)$ to a hold rating, and adjusts the target price from $133 to $121.
According to TipRanks data, the analyst has a success rate of 50.7% and a total average return of 1.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Alexandria Real Estate Equities Inc (ARE.US)$'s main analysts recently are as follows:
Reduced growth projections for Alexandria Real Estate incorporate softer core growth assumptions, reflecting potential downtime while backfilling space due to lease expirations. Furthermore, a reduced contribution from development and an increase in ground rent expenses are anticipated. The leasing demand in the life science segment remains mediocre, and the absorption of excess supply in some key markets is expected to take time.
Heading into the annual investor day on December 4, it is believed that the FY25 consensus estimates are set too high and will likely come in below FY24 results due to persistent headwinds. The projections currently stand 2% below consensus for FY25 and 3% below that of other industry forecasts for FY26.
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摩根大通分析師Anthony Paolone下調$亞歷山大房地產 (ARE.US)$至持有評級,並將目標價從133美元下調至121美元。
根據TipRanks數據顯示,該分析師近一年總勝率為50.7%,總平均回報率為1.7%。
此外,綜合報道,$亞歷山大房地產 (ARE.US)$近期主要分析師觀點如下:
Alexandria Real Estate的下調增長預測包含了較軟的核心增長假設,這反映了潛在的停機時間,同時由於租約到期而回填了空間。此外,預計開發捐款將減少,地租支出將增加。生命科學領域的租賃需求仍然平平,預計一些關鍵市場吸收過剩供應需要時間。
即將進入12月4日的年度投資者日,據信25財年的共識預期設定得過高,由於持續的不利因素,可能會低於24財年的業績。目前的預測比25財年的預期低2%,比其他行業對26財年的預測低3%。
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