UBS Bumps Its Target Price For SL Green Realty (SLG)

UBS raised its target price for SL Green Realty (NYSE:SLG) to $76 from $70 and maintained its neutral rating on the stock. SLG has the most exposure in the sector to the New York City office market, with 82% of its holdings in midtown Manhattan alone. UBS currently sees demand outstripping supply by a wide [...]

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GNC Gains After IPO Raises $360 mln

GNC Holdings Inc. (GNC) is gaining after the vitamin and nutritional supplements chain went public raising $360 million in its initial public offering. GNC, formerly General Nutrition Centers, sold 22.5 million shares for $16, straddling its expected IPO price of $15 to $17. The company, which bills itself as the largest health supplements chain, is [...]

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