Close

Compass Point Starts Terreno Realty Corp (TRNO) at Buy

October 19, 2012 7:59 AM EDT
Get Alerts TRNO Hot Sheet
Price: $54.43 --0%

Rating Summary:
    12 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 16 | New: 3
Join SI Premium – FREE
Compass Point initiates coverage on Terreno Realty Corp (NYSE: TRNO) with a Buy rating and a price target of $17.00.

"TRNO has only been a public company for 2.5 years, but CEO Blake Baird and CFO Mike Coke bring with them years of strong experience. Further, the company has showed over its short public life the consistent ability to grow the portfolio via accretive acquisitions by sourcing both off market stabilized deals and partially vacant value-add opportunities," said analyst Wilkes Graham.

He sees material upside to his 17 price target.

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

Shares of Terreno Realty Corp closed at $15.28 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS View, New Coverage

Related Entities

Robert W Baird