Goldman Sachs Maintains Sell on First Industrial Realty, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows has maintained a Sell rating on First Industrial Realty (NYSE:FR) but increased the price target from $41 to $47.

January 11, 2024 | 1:13 pm
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Goldman Sachs reaffirms Sell rating on First Industrial Realty but raises price target from $41 to $47.
The maintenance of a Sell rating suggests that Goldman Sachs still has a bearish outlook on First Industrial Realty's stock. However, the increase in the price target may indicate a less negative view than before, or adjustments to market conditions. Short term, this could lead to mixed reactions in the market, as the Sell rating could pressure the stock, but the higher price target might mitigate some of the negative sentiment.
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IMPORTANCE 75
RELEVANCE 100