Mizuho Maintains Neutral on Rexford Industrial Realty, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra maintains a Neutral rating on Rexford Industrial Realty (NYSE:REXR) and lowers the price target from $50 to $49.

September 05, 2024 | 12:01 pm
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Mizuho analyst Vikram Malhotra maintains a Neutral rating on Rexford Industrial Realty and lowers the price target from $50 to $49, indicating a slight decrease in expected valuation.
The lowering of the price target from $50 to $49 by Mizuho suggests a slightly less optimistic view on Rexford Industrial Realty's short-term performance. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target could lead to a minor negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100