Mizuho Securities Starts Duke Realty (DRE) at Neutral

September 28, 2016 6:27 AM EDT
Get Alerts DRE Hot Sheet
Price: $26.60 --0%

Rating Summary:
    7 Buy, 12 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Mizuho Securities initiates coverage on Duke Realty (NYSE: DRE) with a Neutral rating and a price target of $29.00.

Analyst Richard Anderson commented, "Owner of the most size and scale of the three highlighted stocks in this report, and well-equipped to participate at both the moderate and larger end of the size spectrum (average building size is 276ksf). DRE may earn an extra value nudge from a quality medical office portfolio, superimposed on a strong platform. However, an objective approach to valuation suggests alpha generation from here may take a pause."

For an analyst ratings summary and ratings history on Duke Realty click here. For more ratings news on Duke Realty click here.

Shares of Duke Realty closed at $27.42 yesterday.

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