BUZZ-Millrose Properties rises after raising 2025 deal funding forecast

Reuters
05-14
BUZZ-Millrose Properties rises after raising 2025 deal funding forecast

** Millrose Properties MRP.N shares rise 5% to $28

** Co raise 2025 deal funding forecast to $1.5 bln from $1 bln, driven by heightened demand

** MRP also raise year-end EPS run-rate expectation to 69-71 cents

** Co posts Q1 EPS of 39 cents

** Two brokerages covering the stock rates 'buy' or higher, their median PT is $29- as per LSEG data

** Including session moves shares are up 27.1% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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