Truist raised the firm’s price target on Federal Realty to $121 from $115 and keeps a Buy rating on the shares. The firm is updating its estimates based on second quarter results, recent events, and adjusted revenue growth and expense assumptions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRT:
- Federal Realty price target raised to $120 from $112 at Scotiabank
- Federal Realty price target raised to $116 from $104 at Mizuho
- Federal Realty price target raised to $120 from $108 at Raymond James
- Federal Realty raises 2024 FFO view to $6.70-$6.88 from $6.67-$6.87
- Federal Realty reports Q2 FFO $1.69, consensus $1.68
Questions or Comments about the article? Write to editor@tipranks.com