Jefferies Maintains Hold on Federal Realty Investment, Lowers Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Linda Tsai maintains a Hold rating on Federal Realty Investment (FRT) and lowers the price target from $111 to $109.

March 07, 2024 | 7:42 pm
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NEUTRAL IMPACT
Jefferies maintains a Hold rating on Federal Realty Investment and lowers the price target from $111 to $109.
The adjustment in price target by Jefferies reflects a minor revision in valuation expectations for Federal Realty Investment. Given that the rating remains a Hold and the price target adjustment is relatively small, the short-term impact on the stock price is likely to be neutral. The importance is significant as price target adjustments by reputable analysts can influence market perception, but the minor decrease suggests a cautious outlook rather than a negative one.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100