Citizens cuts Chiron Real Estate stock price target on lease-up concerns
Citizens reduced its price target for Chiron Real Estate (NYSE:XRN) to $35 from $42, citing slower lease-up at The Riviera property and lower-than-expected earnings. The company's diluted Core FFO was $0.75 per share, below Citizens' estimate but above consensus. Shares have fallen 16% since earnings, underperforming peers and the S&P 500.



