Piper Sandler Upgrades Federal Realty Investment to Overweight, Announces $111 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Alexander Goldfarb has upgraded Federal Realty Investment (NYSE:FRT) from Neutral to Overweight and set a price target of $111.
June 30, 2023 | 8:39 am
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Federal Realty Investment has been upgraded to Overweight from Neutral by Piper Sandler, with a new price target of $111.
The upgrade from Piper Sandler is a positive signal for Federal Realty Investment. It indicates that the analyst believes the company's stock will outperform the market or its sector in the near term. The new price target of $111 also suggests that the analyst sees significant upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100