Earnings Scheduled For February 23, 2023
Companies Reporting Before The Bell
• ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is likely to report earnings for its fourth quarter.
Independence Realty Trust Shows Continued Price Strength
Independence Realty Trust Inc. (NYSE: IRT) owns and operates multifamily apartment properties nationwide with an eye toward benefiting shareholders through cash flow and possible increased value of the underlying real estate.
How The REIT ETF Benchmarks Reacted To Fed’s 0.25% Rate Hike
All in all, it was a good week for price action in the rate-sensitive real estate investment trust (REIT) sector.
Worries that the Federal Reserve might take interest rates higher than expected evaporated when it announced a 0.25% hike rather than a 0.5% hike. The REIT exchange-traded funds (ETFs) reached four-month highs.
The 3 Largest REITs As Measured By Market Capitalization
According to their market capitalization, Prologis Inc., American Tower Corp. and Realty Income Corp. are the three largest real estate investment trusts (REITs) traded on the New York Stock Exchange.
2 Analysts Just Upgraded This Infrastructure REIT
Analyst upgrades of a stock often create headlines, but should investors really care about analyst upgrades? The answer is, “Yes.”
Delta Air Lines, American Tower, Rocket Lab USA, D.R. Horton And This Sector Are CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE: DAL) as his final trade as things are going
Alpine Income Property REIT Hits New 12-Month Closing High
Raymond James on Jan. 9 upgraded its opinion of Alpine Income Property Trust Inc (NYSE: PINE) to Outperform, which seems to have provided the spark for the real estate investment trust (REIT) to leap to new 52-week highs — an accomplishment not seen by many others in the sector.
Truist Securities Maintains Buy on American Tower, Lowers Price Target to $275
Truist Securities analyst Greg Miller maintains American Tower (NYSE:AMT) with a Buy and lowers the price target from $325 to $275.
Deutsche Bank Upgrades American Tower to Buy, Raises Price Target to $254
Deutsche Bank analyst Matthew Niknam upgrades American Tower (NYSE:AMT) from Hold to Buy and raises the price target from $240 to $254.
Benzinga’s Top Ratings Upgrades, Downgrades For January 10, 2023
Upgrades Morgan Stanley upgraded the previous rating for Stem Inc (NYSE:STEM) from Equal-Weight to Overweight. In the third…