Forecasting The Future: 6 Analyst Projections For First Industrial Realty
Portfolio Pulse from Benzinga Insights
Six analysts have recently updated their ratings on First Industrial Realty (NYSE:FR), showing a mix of bullish to bearish sentiments. The average 12-month price target for FR has been raised to $56.00, up 4.34% from the previous $53.67. Analyst actions include both upgrades and downgrades, with price targets ranging from $47.00 to $60.00. First Industrial Realty, a real estate investment trust, has shown strong financial performance with notable revenue growth, high net margin, and efficient asset and equity management.
March 27, 2024 | 12:00 pm
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First Industrial Realty's stock may see short-term movements based on the mixed analyst ratings and the raised average price target. The company's strong financial performance could further influence investor sentiment positively.
The mixed analyst ratings indicate differing views on FR's future performance, but the overall increase in the average price target suggests a positive outlook. The company's strong financial indicators, such as revenue growth and high net margin, support a potentially positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100