Keybanc Downgrades First Industrial Realty to Underweight, Announces $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Todd Thomas has downgraded First Industrial Realty (NYSE:FR) from Sector Weight to Underweight and set a price target of $42.
October 12, 2023 | 8:19 am
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NEGATIVE IMPACT
First Industrial Realty has been downgraded to Underweight by Keybanc with a price target of $42.
The downgrade from Keybanc could negatively impact the stock price of First Industrial Realty in the short term. The new price target of $42 also suggests that the analyst sees limited upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100