First Industrial Realty Trust shares are trading lower after Keybanc downgraded the stock from Sector Weight to Underweight and announced a $42 price target.
Portfolio Pulse from Benzinga Newsdesk
First Industrial Realty Trust's stock has been downgraded from Sector Weight to Underweight by Keybanc, which also set a price target of $42. This has led to a decrease in the company's share price.
October 12, 2023 | 2:49 pm
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First Industrial Realty Trust's stock was downgraded by Keybanc, leading to a decrease in share price. The new price target is $42.
The downgrade by Keybanc from Sector Weight to Underweight indicates a negative outlook for the company's stock. This, coupled with the announcement of a $42 price target, has led to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100