Mizuho Maintains Buy on First Industrial Realty, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta has reaffirmed a Buy rating on First Industrial Realty (NYSE:FR) and increased the price target from $55 to $58, signaling confidence in the company's stock performance.
January 10, 2024 | 4:02 pm
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Mizuho analyst Vikram Malhorta maintains a Buy rating on First Industrial Realty and raises the price target from $55 to $58, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Vikram Malhorta typically suggests a strong belief in the company's future performance and can positively influence investor sentiment, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100