JP Morgan Maintains Overweight on First Industrial Realty, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Mueller maintains an Overweight rating on First Industrial Realty (NYSE:FR) but lowers the price target from $59 to $53.
April 24, 2024 | 3:16 pm
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JP Morgan maintains an Overweight rating on First Industrial Realty but lowers the price target from $59 to $53.
The reduction in the price target by JP Morgan, despite maintaining an Overweight rating, could lead to a short-term negative sentiment among investors, potentially impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100