Mizuho Downgrades Federal Realty Investment to Neutral, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste has downgraded Federal Realty Investment (NYSE:FRT) from Buy to Neutral and lowered the price target from $105 to $101.

September 18, 2023 | 10:12 am
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Federal Realty Investment has been downgraded from Buy to Neutral by Mizuho, with a lowered price target of $101.
The downgrade from Buy to Neutral by Mizuho indicates a less optimistic outlook for the company's stock. The lowering of the price target from $105 to $101 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100