BMO Capital analyst John Kim initiated coverage of Rexford Industrial with an Outperform rating and $77 price target. The analyst says Rexford is the "preeminent owner" of industrial warehouses, the asset class with the highest near-term organic growth. BMO believes the company will likely deliver industry-high net operating income, supported by 72% mark-to-market.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on REXR: