Cantor Fitzgerald Reiterates Neutral on Center, Maintains $57 Price Target
Cantor Fitzgerald analyst Richard Anderson reiterates Center (NYSE:CSR) with a Neutral and maintains $57 price target.
Stocks · News reference
Centerspace shares are trading higher after the company announced it entered into a definitive merger with Independence Realty Trust, under which Centerspace and IRT will combine in an all-stock transaction. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and a total enterprise value of approximately $8.1 billion.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
8-K filing — CENTERSPACE (CSR)
Filed: 2026-09-09 AccNo: 0001140361-26-035986 Size: 5 MB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Independence Realty Trust To Merge With Centerspace, With Centerspace Holders To Receive 3.8 IRT Shares Per CSR Share; Combined Entity To Have Pro Forma Market Cap Of ~$5B And EV Of ~$8.1B