Wells Fargo Maintains Equal-Weight on First Industrial Realty, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Equal-Weight rating on First Industrial Realty (NYSE:FR) while raising the price target from $50 to $61.
August 28, 2024 | 2:15 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on First Industrial Realty and increased the price target from $50 to $61, indicating a positive outlook.
The increase in price target from $50 to $61 by Wells Fargo suggests a positive outlook for First Industrial Realty, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100