Truist Securities Maintains Buy on Rexford Industrial Realty, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Anthony Hau maintains a 'Buy' rating on Rexford Industrial Realty (NYSE:REXR) but has lowered the price target from $56 to $49.
October 23, 2023 | 5:25 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on Rexford Industrial Realty but lowered the price target from $56 to $49.
The news is directly related to Rexford Industrial Realty. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation. This could potentially have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100