Evercore ISI Cuts Brandywine Realty (BDN) PT to $4.00 Amid Broader Caution on Office REITs

Brandywine Realty Trust (NYSE:BDN) is one of the best NYSE penny stocks to invest in right now. On November 14, Evercore ISI analyst Steve Sakwa reiterated a Hold rating on Brandywine Realty with a $4.00 price target. On the same day, Evercore ISI lowered the firm’s price target on Brandywine Realty to $4 from $5 and kept an In Line rating on the shares. This change was made as a part of Evercore ISI’s cautious outlook on the overall office REITs. The analyst told investors that office REITs in West Coast ...