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UPDATE: MLV & Co Reiterates On Equity One On Adjusted Estimates

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In a report published Monday, MLV & Co analyst Paul Morgan reiterated a Hold rating on Equity One (NYSE: EQY), and raised the price target from $23.00 to $24.00.

In the report, MLV & Co noted, “Following Equity One's 2Q14 report, we are raising our price target to $24 from $23, based on rolling forward our NOI forecasts by one quarter and incorporating a slightly lower applied cap rate of 5.50%, down 5bps from 5.55%. Our 2014 and 2015 FFO per share estimates are $1.28 (unchanged) and $1.32 (down 2c).”

Equity One closed on Friday at $22.98.

Latest Ratings for EQY

DateFirmActionFromTo
Nov 2016UpgradesUnderperformMarket Perform
Aug 2016Initiates Coverage onNeutral
Aug 2016MaintainsHold

View More Analyst Ratings for EQY
View the Latest Analyst Ratings

Posted-In: MLV & Co Paul MorganAnalyst Color Price Target Analyst Ratings

 

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