BofA analyst Jeffrey Spector lowered the firm’s price target on Federal Realty to $124 from $125 and keeps a Buy rating on the shares after updating estimates for Q2 earnings.
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- Federal Realty price target raised to $103 from $93 at Wells Fargo
- Federal Realty raises quarterly cash dividend to $1.09 per share
- Federal Realty raises 2023 FFO to $6.46-$6.58 from $6.38-$6.58, consensus $6.50
- Federal Realty reports Q2 FFO $1.67, consensus $1.62
- Federal Realty Investment Trust Announces Second Quarter 2023 Operating Results