B of A Securities Maintains Buy Rating for Federal Realty Investment: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
B of A Securities has maintained its Buy rating for Federal Realty Investment (NYSE:FRT) but lowered its price target from $125.00 to $124.00. Federal Realty Investment's shares are trading up 0.06% over the last 24 hours, at $95.89 per share. A move to $124.00 would account for a 29.32% increase from the current share price.
August 22, 2023 | 5:00 pm
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B of A Securities maintains its Buy rating for Federal Realty Investment but lowers its price target. This could potentially lead to a 29.32% increase from the current share price.
The maintained Buy rating indicates that B of A Securities still sees potential in Federal Realty Investment. However, the lowered price target suggests a slightly less optimistic outlook than before. This could potentially lead to increased investor interest and a rise in the share price.
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IMPORTANCE 80
RELEVANCE 100