Mizuho Maintains Neutral on Federal Realty Investment, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta has maintained a Neutral rating on Federal Realty Investment (NYSE:FRT) and increased the price target from $98 to $104.
January 10, 2024 | 4:00 pm
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POSITIVE IMPACT
Mizuho has maintained a Neutral rating on Federal Realty Investment and raised the price target from $98 to $104, indicating a potential upside from the current trading level.
The increase in price target by Mizuho reflects a positive outlook on the stock's potential, which could lead to increased investor interest and a short-term rise in the stock price. However, the 'Neutral' rating suggests that Mizuho believes the stock is fairly valued at present, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100