Home > Boards > US Listed > Real Estate > Retail Value Inc. (RVI)

Goldman pulls bearish outlook for retail REITs (7/17/18)

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Enterprising Investor Member Profile
Member Level 
Followed By 205
Posts 10,659
Boards Moderated 11
Alias Born 04/05/09
160x600 placeholder
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 4:31:42 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/15/2019 4:34:24 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/10/2019 4:31:32 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/8/2019 4:31:44 PM
Retail Value Inc. Announces Third Quarter Earnings Release Date Business Wire - 10/7/2019 4:05:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/4/2019 4:31:27 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/2/2019 4:32:06 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/30/2019 4:31:34 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/27/2019 4:33:51 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 9/27/2019 4:32:36 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/25/2019 4:31:19 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/23/2019 4:31:27 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/20/2019 4:33:44 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/18/2019 4:31:21 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 9/16/2019 4:32:03 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/16/2019 4:31:26 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/12/2019 4:33:01 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/10/2019 4:31:42 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/6/2019 4:31:14 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/4/2019 4:31:10 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/30/2019 10:54:32 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 8/29/2019 12:20:25 PM
RVI Announces Sale of West Allis Center Business Wire - 8/9/2019 4:05:00 PM
RVI Announces Sale of Harbison Court Business Wire - 8/7/2019 4:05:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 8/6/2019 4:35:27 PM
Enterprising Investor Member Level  Tuesday, 07/17/18 06:23:40 PM
Re: None
Post # of 40 
Goldman pulls bearish outlook for retail REITs (7/17/18)

By: Stephen Alpher, SA News Editor

•The bad news - at least relative to other REITs - has been priced in, says analyst Caitlin Burrows, upgrading the retail REIT sector to Neutral from Cautious.

•With fewer bankruptcies and store closings, the outlook for same-store NOI growth is stabilizing, she says. While nine out of 11 companies in her coverage universe missed guidance last year, 2018 forecasts have been more conservative and thus there have been fewer negative surprises in 2018. Investors in Washington Prime (NYSE:WPG) and PREIT (NYSE:PEI), however, should still be on the lookout for missed forecasts.

•She upgrades Macerich (NYSE:MAC) to Neutral from Sell.

•In other moves, Morgan Stanley starts coverage on Retail Value (NYSE:RVI) - just spun out of DDR - with an Overweight rating and $41 price target, suggesting about 15% upside.

•Source: Bloomberg

•Other names of interest: CBL & Associates (NYSE:CBL), Taubman Centers (NYSE:TCO), Kimco (NYSE:KIM), Federal Realty (NYSE:FRT), Tanger Factory (NYSE:SKT)

https://seekingalpha.com/news/3370615-goldman-pulls-bearish-outlook-retail-reits

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist