Tritax Big Box REIT price target lowered to 189 GBp from 195 GBp at Jefferies

Jefferies analyst Mike Prew lowered the firm’s price target on Tritax Big Box REIT (TTBXF) to 189 GBp from 195 GBp and keeps a Buy rating on the shares. The firm notes rates packed a punch with REITs down -20% over 4 months with only M&A targets outperforming.