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Rexford Industrial price target lowered to $50 from $54 at Truist
The Fly

Rexford Industrial price target lowered to $50 from $54 at Truist

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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