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Mack-cali Realty Corporation (CLI) [hlAlert]

up 9.53 %

Mack-cali Realty Corporation (CLI) rated Underweight with price target $19 by Barclays

Posted on: Monday,  Mar 31, 2014  12:00 AM ET by Barclays

Barclays rated Underweight Mack-cali Realty Corporation (NYSE: CLI) on 03/31/2014, when the stock price was $20.79. Since
then, Mack-cali Realty Corporation has lost 8.71% as of 01/13/2016's recent price of $18.98.
If you would have followed this Barclays's recommendation on CLI, you would have gained 9.53% of your investment in 653 days.

Mack-Cali Realty Corporation is a fully-integrated, self-administered and self-managed real estate investment trust (REIT) that owns and operates a real estate portfolio comprised of Class A office and office/flex properties. The Company performs substantially all commercial real estate leasing, management, acquisition, development and construction services on an in-house basis. As of December 31, 2008, the Company owned or had interests in 293 properties, aggregating approximately 33.5 million square feet, plus developable land (The Properties), which are leased to approximately 2,100 tenants. The Company operates in the real estate and construction services industry segments.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2014 12:00 AM Sell
20.79 19.00
as of 10/17/2014
1 Week down  -1.14 %
1 Month up  3.53 %
3 Months up  6.77 %
1 YTD up  6.73 %

(*) Stock Price at the time of the recommendation.
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