5 Analysts Assess Netstreit: What You Need To Know
Portfolio Pulse from Benzinga Insights
Five analysts have recently shared their views on Netstreit Corp (NYSE:NTST), showing a mix of bullish to bearish sentiments. Over the past three months, ratings have shifted, with no changes in the last 30 days. The average 12-month price target for NTST has decreased to $18.00 from $19.33. Analysts from firms like Wolfe Research, Exane BNP Paribas, Keybanc, Truist Securities, and BTIG have updated their ratings and price targets, reflecting various market conditions and company performance. Netstreit, a real estate investment trust, has seen a 30.31% revenue growth but struggles with below-industry net margin, ROE, and ROA, despite a prudent debt management strategy.
February 01, 2024 | 7:00 pm
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Netstreit Corp has received mixed analyst ratings, with a recent decrease in the average price target to $18.00 from $19.33. The company has experienced significant revenue growth but faces challenges in profitability and asset utilization.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty about Netstreit's future stock performance. However, the significant revenue growth indicates potential, which might counterbalance the negative aspects related to profitability and asset utilization. The overall impact on the stock price in the short term is likely neutral, as positive revenue growth could offset concerns about profitability and efficiency.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100