What Analysts Are Saying About Terreno Realty Stock
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Terreno Realty (NYSE:TRNO) show a mix of bullish and neutral perspectives, with an updated average 12-month price target of $66.14, reflecting a 4.44% increase from the previous target. Analyst actions include ratings adjustments and price target changes by firms such as Goldman Sachs, JMP Securities, Mizuho, Wedbush, Barclays, and Piper Sandler. Terreno Realty, a real estate investment trust, has demonstrated strong financial performance with notable revenue growth, net margin, ROE, and ROA, outperforming industry averages.
May 14, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Terreno Realty has received mixed analyst ratings but an overall positive adjustment in its 12-month price target to $66.14, indicating a bullish sentiment. The company's strong financial performance, including revenue growth and high net margin, supports a positive outlook.
The increase in the average price target and the mix of bullish and neutral ratings from analysts suggest a positive sentiment towards TRNO. Given the company's strong financial performance, including a significant revenue growth and high net margin, it is likely that these factors will contribute positively to the stock's short-term price movement. The confidence in this analysis is based on the direct correlation between analyst ratings, price target adjustments, and stock performance, especially for companies demonstrating strong financial health.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100