Raymond James Maintains Outperform on Essential Props Realty, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst RJ Milligan has maintained an Outperform rating on Essential Properties Realty Trust (NYSE:EPRT) and increased the price target from $28 to $29.
January 08, 2024 | 5:38 pm
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POSITIVE IMPACT
Essential Properties Realty Trust's stock may see a positive impact as Raymond James maintains an Outperform rating and raises the price target to $29.
The increase in price target by a reputable analyst like RJ Milligan from Raymond James typically signals a bullish outlook on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. Investors often view such updates as a positive sign, which can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100