Easterly Government Properties price target lowered to $22 from $27.50 at RBC Capital
From Yahoo Finance: 2025-06-03 09:10:00
RBC Capital analyst Michael Carroll lowered Easterly Government Properties (DEA) price target to $22 from $27.50, maintaining an Underperform rating. The company’s report was in-line after initiating a reverse stock split and reducing dividends. Uncertainty remains due to expected FAA move-out and US Forest Services downsizing.
According to TheFly, Easterly Government Properties (DEA) is facing uncertainty with a recent report showing a reverse stock split and reduced dividends. RBC Capital analyst Michael Carroll lowered the price target to $22 from $27.50, maintaining an Underperform rating. Investors are advised to proceed with caution.
Read more: Easterly Government Properties price target lowered to $22 from $27.50 at RBC Capital