Education Realty Trust (EDR) Misses Q1 EPS by 2c

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Education Realty Trust (EDR) PT Lowered to $42 at Canaccord Genuity; Reiterates Hold

May 2, 2017 10:03 AM EDT

Canaccord Genuity lowered its price target on Education Realty Trust (NYSE: EDR) to $42.00 (from $43.00) while maintaining a Hold rating. EDR reported 1Q FFO of $0.60, coming in ahead of the consensus estimate of $0.56. The beat was driven by non-same-store revenues, interest expense and... More

Education Realty Trust (EDR) PT Lowered to $38 at Evercore ISI Following 1Q Report; 'Encountering Hiccups on a Number of Fronts'

May 1, 2017 4:03 PM EDT

Evercore ISI lowered its price target on Education Realty Trust (NYSE: EDR) to $38.00 (from $41.00) while maintaining a Underperform rating, following the company's first quarter earnings report.

Analyst Steve Sakwa notes the company delivered 2017 first quarter core FFO results above estimates and consensus... More