Exane BNP Paribas Initiates Coverage On NNN REIT with Underperform Rating, Announces Price Target of $42
Portfolio Pulse from richadhand@benzinga.com
Exane BNP Paribas analyst Nate Crossett initiates coverage on NNN REIT (NYSE:NNN) with an Underperform rating and a price target of $42.
June 14, 2023 | 2:16 pm
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NEGATIVE IMPACT
NNN REIT receives an Underperform rating and a price target of $42 from Exane BNP Paribas analyst Nate Crossett.
The initiation of coverage by Exane BNP Paribas with an Underperform rating and a price target of $42 suggests that the analyst believes NNN REIT's stock price will underperform in the short term. This negative outlook could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100