Truist Securities Maintains Buy on First Industrial Realty, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim maintains a 'Buy' rating on First Industrial Realty (NYSE:FR) but has lowered the price target from $60 to $48.
October 24, 2023 | 4:43 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Buy' rating on First Industrial Realty but lowered the price target from $60 to $48.
The news is directly related to First Industrial Realty (FR). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term stock price. However, the impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100