Keefe Bruyette & Woods Comments On Alexandria Real Estate Equities Ahead Of Analyst Day

Alexandria Real Estate Equities ARE will host investors at the recently completed and over 90% leased/committed first building (310,000 sf) at its Alexandria Center for Life Science project in Manhattan. Keefe Bruyette & Woods believes ARE shares should be poised once again to outperform in December - similar to 2009. The ARE analyst day should boost awareness of ARE's positive growth outlook, its niche expertise, and franchise value from its focused cluster market strategy. Keefe Bruyette & Woods has an Outperform rating and $79 PT on ARE ARE closed Tuesday at $69.31