Keybanc Maintains Underweight on Netstreit, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Todd Thomas has maintained an Underweight rating on Netstreit (NYSE:NTST) but increased the price target from $13 to $14.
December 13, 2023 | 10:37 am
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Keybanc analyst Todd Thomas maintains an Underweight rating on Netstreit but raises the price target from $13 to $14.
While the increase in price target from $13 to $14 by Keybanc suggests a slightly more positive outlook on the value of Netstreit, the Underweight rating indicates that the analyst still believes the stock may underperform the sector or the overall market. This mixed signal could lead to a neutral short-term impact on the stock price as the market digests both the positive and negative aspects of the analyst's view.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100