Truist Securities Maintains Buy on Federal Realty Investment, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Federal Realty Investment (NYSE:FRT) but has lowered the price target from $117 to $115.
May 20, 2024 | 4:13 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Buy rating on Federal Realty Investment (NYSE:FRT) but has lowered the price target from $117 to $115.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100