Truist analyst Anthony Hau raised the firm’s price target on Rexford Industrial to $54 from $50 and keeps a Buy rating on the shares as part of a broader research note updating the firm’s model to reflect the REIT’s Q2 results and adjusted revenue growth and expense assumptions.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REXR:
- Stag Industrial upgraded to Outperform at Wedbush following peer REIT reports
- Rexford Industrial Realty Releases Quarterly Earnings
- Rexford Industrial narrows FY24 core FFO view to $2.32-$2.34 from $2.31-$2.34
- Rexford Industrial Announces Second Quarter 2024 Financial Results
- Rexford Industrial reports Q2 core FFO 60c, consensus 58c