Wells Fargo Maintains Equal-Weight on Federal Realty Investment, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Federal Realty Investment (NYSE:FRT) and raises the price target from $93 to $103.
August 11, 2023 | 2:24 pm
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POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Federal Realty Investment (FRT) and raises the price target from $93 to $103. This could potentially lead to an increase in the stock's price.
The raised price target by Wells Fargo indicates a positive outlook for Federal Realty Investment. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100