Government Properties Income Trust (GOV) Misses Q3 FFO by 3c
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FBR Capital Cuts Price Target on Government Properties Income Trust (GOV) to $25
October 28, 2016 7:17 AM EDTFBR Capital maintained an Outperform rating on Government Properties Income Trust (NASDAQ: GOV), and cut the price target to $25.00 (from $27.00), following the company's 3Q earnings report. GOV's results missed estimates partially on temporarily higher-than-expected "other" expenses. FFO/share was $0.54, below the consensus of $0.57.
Analyst Bryan Maher commented, "Government Properties reported 3Q16 results that are best... More
