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Citigroup Upgrades Six REITs In One Morning

The Federal Reserve's reassertion this week that despite recent gains in the consumer price index (CPI) and producer price index (PPI), it still envisions three rate cuts coming in 2024, sparking a rally in real estate investment trusts (REITs). On March 22, three analysts from Citigroup kept that enthusiasm going by upgrading a half dozen REITs and raising price targets on all six. Take a look at the REITs receiving upgrades this week, along with some positives that each REIT has going for...
United States United Kingdom San Francisco Hunt Valley Santa Monica Los Angeles
Source: yahoo.com

JMP Says Timeshare Stocks Will Outperform Over the Long Term; Here Are 3 Names to Consider

The vacation industry presents investors with a diverse array of opportunities – but one that sometimes gets overlooked is the timeshare sector. Timeshares are what their name suggests: properties with multiple joint owners. The aim is to make vacation destinations more affordable; vacationers buy rights to use a property at specific times, rather than full ownership. The model has proven particularly attractive in the millennial demographic, a fact that gives the industry a sound path to...
New York United States South Carolina Leisure Company Sheraton Vacation Club Westin Vacation Club
Source: yahoo.com

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REITs Rocked By Surge Of New Price Target Cuts — Are More Ahead?

Investors know the pain of seeing some of their stocks tumble after an analyst downgrade, but stocks also can slide when analysts maintain previous ratings but slash previous stock price targets by 10% or 20%. As Wall Street grapples with the latest Federal Reserve meeting minutes that suggest more interest rate hikes could be forthcoming, droves of analysts have been slashing price targets on interest-sensitive stocks such as real estate investment trusts (REITs). Over the past week,18 price ta
United States Al Iskandariyah Michael Bilerman Anthony Hau Anthony Paolone Raymond James
Source: yahoo.com

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