Truist raised the firm’s price target on First Industrial Realty (FR) to $60 from $57 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its estimates based on Q4 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FR:
- First Industrial Realty upgraded to Neutral from Sell at Goldman Sachs
- First Industrial Realty price target raised to $61 from $59 at Baird
- First Industrial Realty Trust’s Strong 2024 Performance
- First Industrial Realty Trust’s Robust Earnings Call Highlights
- First Industrial Realty: Strong Performance and Positive Outlook Justify Buy Rating