New York REIT initiated with a Market Perform at JMP Securities JMP Securities believes the risk/reward for shares of New York REIT is balanced at current levels. The firm started the stock with a Market Perform rating.
Emppire State Realty may be interested in buying New York REIT, WSJ reports According to sources, there have been several parties that have expressed interest in buying New York REIT (NYRT), including Empire State Realty Trust (ESRT), the Wall Street Journal reports. New York REIT announced yesterday that it has engaged Barclays Capital and Realty Capital Securities to help it evaluate strategic alternatives. Reference Link