UPDATE: JP Morgan Raises PT to $25 on Equity One; Updates Business Model Expectations
February 28, 2013 at 10:26 AM EST
JP Morgan maintained Equity One (NYSE: EQY ) with an Overweight rating and raised the price target from $24.00 to $25.00. JP Morgan noted, "After 4Q results and updated guidance, we are increasing our 2013 recurring FFO/share estimate by $0.04 to $1.21 and increasing our 2014 recurring FFO/share estimate by