Raymond James Upgrades Netstreit to Strong Buy, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst RJ Milligan has upgraded Netstreit (NYSE:NTST) from Outperform to Strong Buy, while lowering the price target from $20 to $19.
August 21, 2024 | 9:56 am
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POSITIVE IMPACT
Raymond James has upgraded Netstreit to Strong Buy, indicating increased confidence in the stock's potential. However, the price target has been slightly reduced from $20 to $19, suggesting a more conservative outlook on its valuation.
The upgrade to Strong Buy suggests a positive outlook and potential for stock appreciation, which is likely to have a positive impact on the stock price. However, the lowered price target indicates some caution regarding its valuation, which may temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100