Alexandria Real Estate (ARE) Declares $0.80 Quarterly Dividend; 2.9% Yield

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UBS Remains Sidelined on Alexandria Real Estate (ARE) After Adjusting Estimates - PT to $110

September 8, 2016 8:24 AM EDT

UBS reiterated a Neutral rating on Alexandria Real Estate (NYSE: ARE), and raised the price target to $110.00 (from $94.00), after adjusting estimates. UBS revised 2016 FFO estimates to $5.53 vs. $5.48-$5.54 guidance range and 2017 FFO to $6.05 from $5.98, primarily to reflect 2Q results and the One Kendall Square acquisition.... More