Wells Fargo initiates Centerspace coverage with 'equal weight' rating

Centerspace

19/03/2025 11:25

** Wells Fargo initiates coverage of real estate investment trust Centerspace CSR.N with "equal weight" rating

    ** Brokerage sets PT at $68, a ~6.6% upside to stock's last close

** Says CSR has unique exposure to Midwest and Mountain regions

** Adds co is attractively priced compared to peers

** Four of ten brokerages rate the stock "buy" or higher, six "hold"; their median PT is $73 - LSEG data

** As of last close, stock was down ~3.6% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)

 ((Prakhar.srivastava2@thomsonreuters.com))