Alliance Global Partners analyst Gaurav Mehta’s lowered the firm’s price target on Alpine Income Property (PINE) to $19 from $20 and keeps a Buy rating on the shares. Alpine Income Property’s Q1 funds from operations beat the firm’s estimate by 2c per share, and the company was active in the transaction market in the quarter, while liquidity remained robust, the analyst tells investors in a research note. The firm cautions that macroeconomic uncertainty remains, though the company has not seen aRead More
