Truist lowered the firm’s price target on Rexford Industrial (REXR) to $50 from $54 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its models based on Q3 results within the sector and its adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on REXR:
- Rexford Industrial price target lowered to $44 from $46 at Barclays
- Rexford Industrial price target lowered to $53 from $61 at Wells Fargo
- Rexford Industrial downgraded to Sector Perform at Scotiabank on SoCal softness
- Rexford Industrial downgraded to Sector Perform from Outperform at Scotiabank
- Rexford Industrial added as a bullish Fresh Pick at Baird