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Stock Market & Financial Investment News

News Breaks
July 11, 2014
09:26 EDTAMRE, REG, FRT, WRIAmREIT could see higher bid from Regency, others, says RW Baird
RW Baird raised its price target on AmREIT (AMRE) to $25 from $20 following the $22 per share takeover offer disclosed by Regency Centers (REG), as the firm does not expect AmREIT to accept Regency's current offer. Baird thinks Regency or another bidder such as Federal Realty (FRT) or Weingarten Realty (WRI) could end up making an offer closer to about $25 per share and its keeps an Outperform rating on AmREIT.
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