Citigroup Upgrades Federal Realty Investment to Buy, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Nicholas Joseph has upgraded Federal Realty Investment Trust (NYSE:FRT) from Neutral to Buy, increasing the price target from $120 to $135.

September 13, 2024 | 1:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup has upgraded Federal Realty Investment Trust to Buy, with a new price target of $135, indicating a positive outlook.
The upgrade from Neutral to Buy by Citigroup, along with an increased price target, suggests a positive sentiment and potential for stock price appreciation. This is likely to attract investor interest and could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100