Analyst Expectations for First Industrial Realty's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 analysts have provided their ratings on First Industrial Realty (NYSE:FR), with an average 12-month price target of $48.2, a decrease of 9.91% from the previous target of $53.50. The ratings include 2 bullish, 1 somewhat bullish, 1 somewhat bearish, and 1 bearish. The high price target is $55.00 and the low is $41.00.
December 05, 2023 | 4:00 pm
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First Industrial Realty's average analyst price target has been lowered to $48.2, reflecting a 9.91% decrease from the previous target, with mixed analyst opinions.
The change in the average price target suggests a recalibration of expectations, possibly due to new market information or company performance. The mixed ratings indicate uncertainty, which could lead to a neutral short-term impact on the stock price as the market digests the varied opinions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100