REITs' business usually buoys up on a stepped-up economy and a resilient job market, and therefore investing in WELL, AVB, EPRT and SBAC seems prudent.
W.P. Carey (WPC) decides to exit its office properties portfolio via a spinoff and an asset sale program. The move will boost its overall portfolio quality and key portfolio metrics.
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Brighthouse Financial, Frontier, nCino, and Ventas. Frontier (NASDAQ:ULCC) shares were sliding Thursday after Citi downgraded the budget airline to Neutral from Buy and cut its price target to $5.50 from $16.00, as reported in real-time on InvestingPro. "We had expected Frontier’s seat mile cost profile to have provided some operational support, relative to some other domestic discount carriers,” wrote Citi.