Barclays Maintains Equal-Weight on First Industrial Realty, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Equal-Weight rating on First Industrial Realty (NYSE:FR) and raises the price target from $52 to $56.
October 10, 2024 | 2:24 pm
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Barclays has maintained its Equal-Weight rating on First Industrial Realty and increased the price target from $52 to $56, indicating a positive outlook.
The increase in price target from $52 to $56 by Barclays suggests a positive outlook for First Industrial Realty. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. The raised price target is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100