JP Morgan Maintains Neutral on Federal Realty Investment, Lowers Price Target to $103
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Michael Mueller maintains a Neutral rating on Federal Realty Investment (NYSE:FRT) and lowers the price target from $115 to $103.
May 26, 2023 | 2:19 pm
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JP Morgan analyst Michael Mueller maintains a Neutral rating on Federal Realty Investment (FRT) and lowers the price target from $115 to $103.
The news directly mentions Federal Realty Investment (FRT) and the lowered price target by JP Morgan analyst Michael Mueller. The Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. However, the lowered price target may cause some investors to reevaluate their positions, but overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100