Evercore ISI analyst James Kammert lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $33 from $34 and keeps an In Line rating on the shares. The net lease group slipped, performance wise, in Q4 and FY24 sector performance lagged the broader REIT index “again” at 2% for the net lease sector versus 4.9% for the REITs overall, the analyst tells investors in a Q4 recap note.
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