BTIG Maintains Buy on Netstreit, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Michael Gorman has maintained a Buy rating on Netstreit (NYSE:NTST) but has reduced the price target from $23 to $19.
November 22, 2023 | 3:50 pm
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Netstreit's Buy rating is maintained by BTIG, although the price target has been lowered from $23 to $19, indicating a potential downside according to the analyst's view.
The reduction in price target by BTIG suggests that they see less upside potential for Netstreit's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100