Stifel lowered the firm’s price target on Netstreit to $21.00 from $21.50 and keeps a Buy rating on the shares. The company recently announced it had closed on a new $250M unsecured term loan that matures in July 2026, the analyst tells investors. Netstreit also amended and restated its existing $175M term loan facility. These fixed-term loans address near-term debt needs, the firm says.
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