Truist raised the firm’s price target on First Industrial Realty to $60 from $54 and keeps a Buy rating on the shares as part of a broader research note on the REITs sector adjusting the firm’s estimates based on Q2 results, recent events, and updated revenue growth and expense assumptions.
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Read More on FR:
- First Industrial Realty Trust Declares Common Stock Dividends
- First Industrial Realty price target raised to $60 from $57 at RBC Capital
- Stag Industrial upgraded to Outperform at Wedbush following peer REIT reports
- First Industrial Realty lowers 2024 FFO view to $2.57-$2.65 from $2.55-$2.65
- First Industrial Realty reports Q2 FFO 66c, consensus 64c