Jefferies analyst Linda Tsai upgraded Brixmor (BRX) to Buy from Hold with a price target of $33, up from $28. Brixmor’s risk/reward is compelling given its “inexpensive” valuation, conservative guidance, and “sustained growth runway, “given the sub-sector’s lowest in-place rents, leasing execution, and retailer demand for space, the analyst tells investors in a research note. The firm views the shares as a “compelling 2025 GARP opportunity.”
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