MAY 26·dailypolitical.com▲
Brixmor Property Group (NYSE:BRX) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says
Wells Fargo raised its Brixmor Property Group (NYSE:BRX) price target from $32 to $33 and kept an “equal weight” rating, citing about 6.93% upside from the prior close, according to Benzinga. Other firms also adjusted targets and ratings. BRX shares opened Tuesday at $30.86; the REIT reported Q1 EPS of $0.41 vs $0.25 consensus and revenue of $354.82M.
APR 10·MarketBeat▲
LDR Capital Management LLC Cuts Stock Position in Brixmor Property Group Inc. $BRX
LDR Capital Management LLC significantly reduced its stake in Brixmor Property Group Inc. (NYSE:BRX) by 63.4% in the fourth quarter, selling 39,181 shares and retaining 22,590 shares valued at $592,000. Despite this reduction, Brixmor Property Group posted strong Q4 earnings, beating analyst EPS estimates and reporting a 7.7% year-over-year revenue increase. The company also declared a quarterly dividend of $0.3075, maintaining a "Moderate Buy" consensus rating from analysts with a target price of $31.55.
