CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 8% Yield

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Go back to CBL & Assoc. Properties (CBL) Declares $0.265 Quarterly Dividend; 8% Yield

Cowen Updates Estimates on CBL & Assoc. Properties (CBL); Cuts Price Target to $13.50

November 16, 2015 9:28 AM EST

Cowen maintained a Market Perform rating on CBL & Associates (NYSE: CBL), and cut the price target to $13.50 (from $17.50) based on updated estimates and relative valuations. Analyst James Sullivan increased 2015 FFO estimates to $2.29 from $2.28 and maintained 2016 estimates of $2.34. The primary driver of the slight increase is... More