Truist raised the firm’s price target on Veris Residential (VRE) to $17 from $16 and keeps a Hold rating on the shares. The firm updated apartment real estate investment trust models to reflect the Q4 reports. The net results are small increases to 2025 normalized funds from operations estimates, small decreases to 2026 estimates, and modest increases to our 12- month price targets, 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 VRE:
- Veris Residential files to sell 522,020 shares of common stock for holders
- Veris Residential’s Earnings Call Highlights Growth and Challenges
- Veris Residential downgraded to In Line from Outperform at Evercore ISI
- Veris Residential Reports 2024 Earnings and Strategic Plans
- Veris Residential Reports Strong 2024 Financial Results
Questions or Comments about the article? Write to editor@tipranks.com