Evercore ISI Group analyst Sheila McGrath downgrades Lexington Realty (NYSE:LXP) from Outperform to In-Line and raises the price target from $15 to $16.
Lexington Realty (NYSE:LXP) reported quarterly earnings of $0.19 per share. This is unchanged from the same period last year. The company reported quarterly sales of $83.40 million which beat the analyst consensus
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Lexington Realty Trust (NYSE:LXP) ("Lexington" or "the Company"), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today issued a letter to its