Truist Securities Reiterates Buy on Federal Realty Investment, Maintains $117 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has reiterated a Buy rating on Federal Realty Investment (NYSE:FRT) and maintained a price target of $117.

March 25, 2024 | 4:10 pm
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Truist Securities reaffirms a Buy rating on Federal Realty Investment with a $117 price target.
The reiteration of a Buy rating by a reputable analyst firm like Truist Securities, along with a maintained price target of $117, is likely to instill confidence among investors and could lead to a positive short-term impact on FRT's stock price. Analyst ratings, especially from well-regarded firms, often influence investor sentiment and can lead to price movements.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90