Raymond James Maintains Strong Buy on Federal Realty Investment, Lowers Price Target to $115
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst RJ Milligan maintains a Strong Buy rating on Federal Realty Investment (NYSE:FRT) but lowers the price target from $120 to $115.
June 16, 2023 | 11:27 am
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Raymond James maintains a Strong Buy rating on Federal Realty Investment (NYSE:FRT) and lowers the price target from $120 to $115.
The news of Raymond James maintaining a Strong Buy rating on Federal Realty Investment (NYSE:FRT) is positive for the stock. However, the lowering of the price target from $120 to $115 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100