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Credit Suisse On REIT Stocks: NYC/East Coast Will Outperform West Coast
Tuesday, April 12, 2016 - 10:15am | 528Read More...Office sector stocks have gained 18 percent in the last seven weeks, after declining 15 percent from the beginning of the year till mid-February. Credit Suisse’s Ian Weissman maintained a cautious stance on the sector, given an anticipated weakening of tech office demand in the second half...
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Credit Suisse's Top 10 Financial Stocks: Schwab Out, Goldman In
Monday, December 7, 2015 - 2:42pm | 758Read More...The financial sector has lagged the overall market in 2015, and the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF) has gained 0.2 percent versus the S&P 500’s 1.5 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have updated their top financial...
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Is San Francisco Real Estate Losing Steam?
Friday, October 23, 2015 - 2:57pm | 556Read More...Slowing growth in the tech world could be partially to blame for the slowdown in the San Francisco real estate market. Apartment REITs are better-positioned to withstand a downturn than many office REITs are. Hotel RevPAR in the region will likely contract, but is projected to remain 6-8 percent...
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LaSalle Hotel In 'Penalty Box,' Credit Suisse Warns
Friday, October 23, 2015 - 10:20am | 360Read More...LaSalle Hotel Properties (NYSE: LHO) shares are down 29 percent year-to-date, and are trading close to the lower end of their 52-week range of $27.70 - $43.56. Credit Suisse’s Ian Weissman downgraded the rating on the company from Outperform to Neutral, while reducing the price target...
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Credit Suisse 'Very Positive' On U.S. REITs: Upgrades Seven Stocks, Downgrades Three
Thursday, August 20, 2015 - 9:22am | 520Read More...Ian Weissman of Credit Suisse commented in a note on Thursday that REITs stocks are "attractively valued" relative to the "strong underlying performance" and valuation of real estate across the United States. This, coupled with a "constructive" macroeconomic backdrop...
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Strategic Hotels Worth $16.50 If It Gets Acquired By A Private Equity
Tuesday, July 28, 2015 - 11:15am | 309Read More...Shares of Strategic Hotels and Resorts Inc (NYSE: BEE) spiked higher last week after media reports suggested the company has hired bankers to consider strategic alternatives, including a potential sale of itself. In a report published Monday, Credit Suisse analyst Ian Weissman analyzed the...
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Credit Suisse Reiterates Outperform, Lowers PT On RLJ Lodging Trust On Significant Non-Core Asset Sales
Thursday, February 26, 2015 - 10:52am | 113Read More...In a report published Thursday, Credit Suisse analyst Ian Weissman reiterated an Outperform rating on RLJ Lodging Trust (NYSE: RLJ), but lowered the price target from $38.00 to $37.00. In the report, Credit Suisse noted, "RLJ reported 4Q14 FFOPS of $0.57, consistent with consensus and our est. Adj...
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Credit Suisse Reiterates Neutral Rating, Raises Price Target On Equity Residential On Positive 4Q14 Beat
Wednesday, February 4, 2015 - 10:45am | 143Read More...In a report published Wednesday, Credit Suisse analyst Ian Weissman reiterated a Neutral rating on Equity Residential (NYSE: EQR), and raised the price target from $78.00 to $80.00. In the report, Credit Suisse noted, "EQR reported 4Q14 NAREIT FFOPS of $0.87, significantly higher than Consensus and...
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UPDATE: Credit Suisse Raises PT On Boston Properties On Updated Estimates
Wednesday, December 31, 2014 - 10:09am | 117Read More...In a report published Wednesday, Credit Suisse analyst Ian Weissman reiterated an Outperform rating on Boston Properties (NYSE: BXP), and raised the price target from $142.11 to $143.00. In the report, Credit Suisse noted, “We are increasing our PT to $143 from $142, and maintaining our Outperform...
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Credit Suisse Analyst Cautious On Store Capital
Monday, December 22, 2014 - 5:06pm | 350Read More...Store Capital Corp's (NYSE: STOR) expected earnings growth of 11 percent over the next three years plus its 4.7 percent dividend yield has stirred lots of investor enthusiasm since last month's initial public offering. But the real estate investment trust rents solely to second-tier...
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Credit Suisse Initiates Coverage On Host Hotel And Resorts
Wednesday, November 12, 2014 - 3:22pm | 232Read More...Credit Suisse initiated coverage on Host Hotel and Resorts Inc (NYSE: HST) Tuesday with a Neutral rating and $24 price target. The rating was part of the firm’s initiation of coverage on 34 REITs. Analysts led by Ian Weissman noted a number of positives, including "Strong...
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UPDATE: Credit Suisse Initiates Coverage On Strategic Hotels and Resorts
Wednesday, November 12, 2014 - 12:18pm | 186Read More...Credit Suisse analysts initiated coverage on shares of Strategic Hotels and Resorts Inc (NYSE: BEE) with a Neutral rating and $14 price target. Ian Weissman outlined reasons for the initiation: 1) High quality portfolio, with a bent toward luxury, has helped BEE deliver sector leading...
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Credit Suisse Initiates Coverage On 34 REITs, Names Top Picks
Wednesday, November 12, 2014 - 11:09am | 353Read More...Credit Suisse initiated coverage on 34 U.S. REITs Tuesday across the Mall, Shopping Center, Office, Hotels, Industrial and Apartment sectors. Analysts led by Ian Weissman forecasted "10 percent total returns over the next 12 months (including a 3.0 percent dividend yield), led by Malls (+...
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UPDATE: Credit Suisse Initiates Coverage On Sunstone Hotel Investors
Wednesday, November 12, 2014 - 10:47am | 97Read More...In a note dated November 11, Credit Suisse analyst Ian Weissman initiated coverage of Sunstone Hotel Investors Inc (NYSE: SHO) with an Outperform rating and a $17 price target. Weissman commented, "With job growth accelerating, and business sentiment improving, group business is finally...
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Analysts React to Las Vegas Sands Earnings
Thursday, January 30, 2014 - 4:44pm | 900Read More...On Wednesday, Las Vegas Sands (NYSE: LVS) reported its fourth quarter results. The company announced an EPS of $0.87, beating the consensus estimate of $0.84. Revenue of $3.66 billion fell short of the $3.71 billion consensus estimate. Sheldon Adelson, chairman and chief executive officer,...





