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Essential Properties Realty Trust price target raised to $36.25 from $32 at Stifel

Stifel raised the firm’s price target on Essential Properties Realty Trust to $36.25 from $32 and keeps a Buy rating on the shares after having hosted meetings with the management team. Management “feels great about the state of their business, portfolio, and balance sheet and is firing on all cylinders,” says the analyst, who is projecting “sector-leading growth” for 2024, 2025 and 2026.

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