EastGroup Properties price target raised to $200 from $190 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on EastGroup Properties (EGP) to $200 from $190 and keeps an Overweight rating on the shares. EastGroup reported a solid quarter and tightened its FFO guidance range, as it continues to be one of the most consistent reporters of earnings, the analyst tells investors in a research note. While the affirmation of guidance was treated like a “miss” in terms of stock performance, Cantor thinks the Industrial sector will show legs in 2026, as deliberate tenants begin to loosen up and increasingly take additional space.