Scotiabank Maintains Sector Outperform on Rexford Industrial Realty, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Greg McGinniss has maintained a Sector Outperform rating on Rexford Industrial Realty and increased the price target from $51 to $55.
August 26, 2024 | 1:56 pm
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Scotiabank has reaffirmed its positive outlook on Rexford Industrial Realty by maintaining a Sector Outperform rating and increasing the price target from $51 to $55.
The increase in price target from $51 to $55 by Scotiabank suggests a positive outlook on Rexford Industrial Realty's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100