Deutsche Bank Upgrades Federal Realty Investment to Buy, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Omotayo Okusanya upgrades Federal Realty Investment (FRT) from Hold to Buy and increases the price target from $109 to $110.

April 22, 2024 | 9:32 am
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POSITIVE IMPACT
Federal Realty Investment's stock rating was upgraded by Deutsche Bank from Hold to Buy, with a price target increase from $109 to $110.
The upgrade from Hold to Buy by a major bank like Deutsche Bank, accompanied by a price target increase, is a strong positive signal to the market. This suggests a bullish outlook on the stock by the analyst, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100