Alexandria Real Estate Equities (NYSE:ARE) Price Target Lowered to $50.00 at Royal Bank Of Canada
Royal Bank of Canada has lowered its price target for Alexandria Real Estate Equities (NYSE:ARE) to $50.00 from $60.00, maintaining a "sector perform" rating. This new target suggests a potential upside of 20.79% from the company's last closing price. The real estate investment trust reported Q1 EPS of $1.73, meeting estimates, but revenue decreased by 11.5% year-over-year.
https://www.marketbeat.com/instant-alerts/alexandria-real-estate-equities-nyseare-price-target-lowered-to-5000-at-royal-bank-of-canada-2026-05-05/