Omotayo Okusanya

Equinix Inc (NASDAQ: EQIX) is likely to generate strong earnings growth in 2020 and 2021, backed by favorable demand-supply trends, according to Mizuho. The Equinix Analyst: Omotayo Okusanya initiated coverage of Equinix with a Buy rating and a price target of $800. The Equinix Thesis: The Data...

Jefferies on Tuesday issued a note on National Storage Affiliates Trust (NYSE: NSA) after a recent increase in share price has made present valuations look high, limiting the short-term potential for outperformance. Analysts downgraded National Storage Affiliates Trust from Buy to Hold with a $21...

HCP, Inc. (NYSE: HCP) shares could fall between 5 percent and 10 percent if the healthcare real estate investment trust decides to restructure its HCR ManorCare lease. HCP last month cut the carrying amount of its 9.4 percent stake in the HCR ManorCare joint venture to an estimated $39 million...

In a report published Monday, Jefferies analyst Omotayo Okusanya downgraded the rating on Digital Realty Trust, Inc. (NYSE: DLR) from Buy to Hold, and lowered the price target from $72.00 to $70.00. In the report, Jefferies noted, “We are downgrading shares of DLR to Hold from Buy following the...

In a report published Monday, Jefferies analyst Omotayo Okusanya upgraded the rating on Mid-America Apartment Communities Inc (NYSE: MAA) from Hold to Buy, and raised the price target from $71.00 to $88.00. In the report, Jefferies noted, “Our upgrade is based on a clearer path of solid FFO growth...

In a report published Monday, Jefferies analyst Omotayo Okusanya upgraded the rating on AvalonBay Communities Inc (NYSE: AVB) from Hold to Buy, and raised the price target from $156.00 to $195.00. In the report, Jefferies noted, “We are upgrading AVB due to its robust ($3.2B) development pipeline...

In a report published Monday, Jefferies analyst Omotayo Okusanya downgraded the rating on Government Properties Income Trust (NYSE: GOV) from Hold to Underperform, and lowered the price target from $23.00 to $19.00. In the report, Jefferies noted, “We are downgrading GOV shares to Underperform from...

In a report published Monday, Jefferies analyst Omotayo Okusanya upgraded the rating on SL Green Realty Corp (NYSE: SLG) from Hold to Buy, and raised the price target from $130.00 to $142.00. In the report, Jefferies noted, “We are upgrading shares of SLG to Buy from Hold to reflect improving...

In a report published Monday, Jefferies analyst Omotayo Okusanya reiterated a Buy rating on Lexington Realty Trust (NYSE: LXP), but lowered the price target from $14.00 to $13.00. In the report, Jefferies noted, “On 9/17-18, we hosted investor meetings with LXP in NYC and Boston. We believe LXP...

In its morning summary on Tuesday, Jefferies maintained its Hold rating on Digital Reality Trust (NYSE: DLR) amid news that CEO Mike Foust will step down effective immediately. Digital Reality will be putting CFO Bill Stein in the position of interim CEO until new leadership can be determined. In...

In a report published Monday, Jefferies analyst Omotayo Okusanya initiated coverage on QTS Realty Trust (NYSE: QTS) with a Buy rating and $28.00 price target. In the report, Jefferies noted, “With proper execution of its strategy, QTS is positioned to be one of the fastest growing REITs over the...

In a report published Wednesday, Jefferies analyst Omotayo Okusanya downgraded the rating on Tanger Factory Outlet Centers (NYSE: SKT) from Buy to Hold, and lowered the price target from $40.00 to $35.00. In the report, Jefferies noted, “We expect near-term headwinds for the mall and outlet mall...

In a report published Wednesday, Jefferies analyst Omotayo Okusanya upgraded the rating on Federal Realty Investment Trust (NYSE: FRT) from Hold to Buy, and raised the price target from $112.00 to $116.00. In the report, Jefferies noted, “Based on our recent tour of Assembly Row, we are now...

In a report published Wednesday, Jefferies analyst Omotayo Okusanya upgraded the rating on Sabra Health Care REIT (NASDAQ: SBRA) from Hold to Buy, but lowered the price target from $27.00 to $26.00. In the report, Jefferies noted, “We had previously downgraded SBRA stock from Buy to Hold back in...