RBC Capital Maintains Sector Perform on NNN REIT, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains a Sector Perform rating on NNN REIT but lowers the price target from $48 to $45.
November 01, 2024 | 5:23 pm
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RBC Capital has maintained its Sector Perform rating on NNN REIT but has lowered the price target from $48 to $45, indicating a slightly less optimistic outlook.
The lowering of the price target by RBC Capital suggests a less optimistic view on NNN REIT's future performance, which could lead to a short-term negative impact on the stock price. The maintenance of the Sector Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100