Mack-Cali Realty (CLI) Misses Q2 EPS by 1c, Offers FY Guidance

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Mack-Cali Realty (CLI) PT Lowered to $29 at Evercore ISI on 2Q; 'Slower Leasing Environment'

August 3, 2017 3:44 PM EDT

Evercore ISI lowered its price target on Mack-Cali Realty (NYSE: CLI) to $29.00 (from $33.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Robert Simone notes the company delivered a "tough" second quarter with earnings per share results below estimates, despite... More