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Equity One, Inc. (EQY) [hlAlert]

Rating:
Underweight
EQY
down 13.25 %

Equity One, Inc. (EQY) rated Underweight by Lehman Brothers

Posted on: Thursday,  Jul 24, 2008  10:25 AM ET by Lehman Brothers

Lehman Brothers rated Underweight Equity One, Inc. (NYSE: EQY) on 07/24/2008, when the stock price was $21.00. Since
then, Equity One, Inc. has gained 15.29% as of 01/22/2016's recent price of $24.21.
If you would have followed this Lehman Brothers's recommendation on EQY, you would have lost 13.25% of your investment in 2738 days.

Equity One, Inc. is a real estate investment trust (REIT), that principally owns, manages, acquires and develops neighbourhood and community shopping centers. As of December 31, 2008, the Company?s property portfolio comprises 160 properties, including 146 shopping centers consisting of approximately 16 million square feet of gross leasable area (GLA), four development/redevelopment properties, six non-retail properties and four parcels of land. As of December 31, 2008, its core portfolio was 92.1% leased and included national, regional and local tenants. In addition, it owns a 10% interest in GRI-EQY I, LLC (GRI Venture), which owns ten neighbourhood shopping centers totaling approximately 1.4 million square feet of GLA as of December 31, 2008.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2008 10:25 AM Sell
None
21.00
as of 12/24/2008
1 Week up  1.07 %
1 Month down  -29.92 %
3 Months down  -5.95 %
1 YTD up  29.71 %

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