Home Properties, Inc. (HME) Misses Q4 EPS by 5c; Lowers FY14 FFO Outlook

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Home Properties (HME) PT Bumped Higher at Compass Point Despite Q1 Miss

May 5, 2014 7:28 AM EDT

Compass Point analyst Ryan Gilbert reiterated a Buy rating and bumped his price target on Home Properties (NYSE: HME) to $65.50 (from $64.50) despite a weather driven OpEx miss.

Gilbert comments, "HME missed our estimate and consensus and lowered guidance due to higher than expected... More