Evercore ISI raised the firm’s price target on Regency Centers to $68 from $66 and keeps an In Line rating on the shares. The firm is rolling forward its valuation framework in its real estate coverage to capture an additional year of earnings growth, rolling forward its AFFO estimates from 2024 to 2025 and adjusting its price targets accordingly.
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Read More on REG:
- Regency Centers narrows FY23 FFO view to $4.13-$4.15 from $4.11-$4.15
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