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Netstreit initiated with a Buy at Berenberg

Berenberg analyst Kai Klose initiated coverage of Netstreit (NTST) with a Buy rating and $22 price target The company owns a diversified U.S. commercial portfolio, providing high income resilience, the analyst tells investors in a research note. The firm believes Netstreit’s “historically low” default rates reflects the high creditworthiness of the companies’ tenants.

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