UBS Maintains Neutral on Federal Realty Investment, Raises Price Target to $109
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Goldsmith maintains a Neutral rating on Federal Realty Investment (NYSE:FRT) and raises the price target from $100 to $109.
July 13, 2023 | 1:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS maintains a Neutral rating on Federal Realty Investment and raises the price target to $109. This could potentially indicate a positive outlook for the company's stock.
The raised price target by UBS indicates a positive outlook for Federal Realty Investment's stock. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means there might not be significant upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100