Compass Point analyst Floris van Dijkum raised the firm’s price target on Brixmor to $30 from $28 and keeps a Buy rating on the shares. The firm is adjusting price targets for select shopping center REITs to reflect improving earnings expectations, the imminent prospect of rate cuts, as well as relative REIT valuation movements.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRX: