Evercore ISI Group Maintains Outperform on Federal Realty Investment, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Federal Realty Investment Trust (NYSE:FRT) and raised its price target from $119 to $120.
August 28, 2024 | 4:57 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Federal Realty Investment Trust and increased the price target from $119 to $120, indicating a positive outlook.
The maintenance of an 'Outperform' rating and a slight increase in the price target by a reputable analyst group suggests a positive short-term outlook for FRT. This could lead to increased investor confidence and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100