Baird raised the firm’s price target on Piedmont Office Realty (PDM) to $11 from $10 and keeps an Outperform rating on the shares. The firm said the shares have been rewarded year-to-date as the company was able to weather refinancing headwinds while continuing to execute on the leasing front.
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Read More on PDM:
- Piedmont Office Realty reports Q3 core FFO 36c, consensus 37c
- Piedmont Office Realty narrows FY24 FFO view to $1.48-$1.50 from $1.46-$1.52
- Piedmont Office Realty Trust (PDM) Q3 Earnings Cheat Sheet
- Piedmont Office Realty reports virtually no damage from Hurricane Milton
- Piedmont Office Names Sherry Rexroad New CFO with Executive Perks
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