DEA - Easterly Government Properties stock falls 6%; Compass Point cuts to Neutral

• Easterly Government Properties ( NYSE: DEA ) stock fell 6.4% on Thursday as Compass Point cut its rating to Neutral from Buy.
• The brokerage set a price target of $17 on Easterly ( DEA ), implying 2.8% potential upside to its last close.
• Compass Point's rating on the REIT is in line with SA Quant's Hold rating, which is based on the stock scoring poorly in factor grades earnings revisions and profitability .
• However, Wall Street analysts on average rate the stock Buy (2 Strong Buy, 5 Hold).
• Shares of the REIT declined ~32% YTD.
• Earlier this week, Easterly ( DEA ) reported Q3 earnings miss and narrowed its FY22 guidance .

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