JP Morgan Maintains Neutral on Rexford Industrial Realty, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Mueller maintains a Neutral rating on Rexford Industrial Realty (NYSE:REXR) and raises the price target from $47 to $52.
July 25, 2024 | 2:16 pm
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JP Morgan analyst Michael Mueller maintains a Neutral rating on Rexford Industrial Realty (REXR) and raises the price target from $47 to $52.
The raised price target from $47 to $52 by JP Morgan indicates a positive outlook on Rexford Industrial Realty's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100