UPDATE: Citigroup Reiterates on Liberty Property Trust as Consensus for 2014 Seems Aggressive
November 20, 2013 at 10:25 AM EST
In a report published Wednesday, Citigroup analyst Michael Bilerman reiterated a Neutral rating on Liberty Property Trust (NYSE: LRY ), but lowered the price target from $40.00 to $36.00. In the report, Citigroup noted, “Coming out of NAREIT, we are reducing our FFO estimates for Liberty to reflect a high