Compass Point Maintains Buy on Federal Realty Investment, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum maintains a Buy rating on Federal Realty Investment (NYSE:FRT) and raises the price target from $125 to $130.
September 10, 2024 | 3:26 pm
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Compass Point has reiterated its Buy rating for Federal Realty Investment Trust and increased the price target from $125 to $130, indicating a positive outlook.
The Buy rating and increased price target suggest a positive sentiment from the analyst, which could lead to a short-term increase in FRT's stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100