JPMorgan upgraded Federal Realty (FRT) to Overweight from Neutral with a price target of $125, up from $122. The firm made several rating changes in conjunction with its 2025 real estate investment trust and real estate services outlook. The analyst believes Federal Realty’s external growth, particularly acquisitions, will be a more meaningful driver of stock performance in 2025. JPMorgan likes the stock’s relative valuation more today.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRT:
- Trump Trade: Meta donates $1M to President-elect’s inaugural fund
- Federal Realty price target raised to $126 from $119 at Scotiabank
- Federal Realty Announces Leadership Changes and Financial Impact
- Federal Realty COO Jeffrey Berkes to leave company effective December 31
- Federal Realty Investment Trust Reports Solid Quarterly Earnings