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Wells Fargo initiates Centerspace coverage with 'equal weight' rating

ReutersMar 19, 2025 11:25 AM

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

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