trending Market Intelligence /marketintelligence/en/news-insights/trending/of0cF-gslUZWkV-JsD83Cg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Janney Montgomery Scott initiates coverage of STORE Capital Corp. at 'buy'

Blog

M&A rebound sparks optimism for near-term deal activity

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Janney Montgomery Scott initiates coverage of STORE Capital Corp. at 'buy'

JanneyMontgomery Scott LLC analyst Robert Stevenson initiated coverage of STORE Capital Corp. with a rating of "buy."

The analyst wrote in a research report: "Our Buy ratingon STORE Capital is based on the company's strong earnings growth and discountedvaluation. This rating is within the context of our Neutral weighting on the Triple-NetREITs (although we have been much more positive on the retail-focused names similarto STOR) and our Neutral weighting on the REIT sector as a whole. Based in Scottsdale,Arizona, STORE Capital is a retail-focused Triple-Net REIT which owns 1325 propertiesin 46 states, totaling 30 million square feet, as of December 31, 2015. At year-end,STOR's portfolio was 99.8% occupied with a weighted average remaining lease termof roughly 14 years."