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Cautious Outlook for SITE Centers: Hold Rating Amid Adjusted FFO and Target Price

Cautious Outlook for SITE Centers: Hold Rating Amid Adjusted FFO and Target Price

SITE Centers, the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Craig Mailman from Citi maintained a Hold rating on the stock and has a $8.00 price target.

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Craig Mailman has given his Hold rating due to a combination of factors impacting SITE Centers’ financial outlook. The recent update in the financial model reflects a slight increase in the 2025 expected Funds From Operations (FFO), attributed to a minor outperformance in the third quarter. However, there is a notable decrease in the 2026 FFO estimate, primarily due to increased disposition activities.
Additionally, the target price for SITE Centers has been reduced, influenced by a decline in the Net Asset Value (NAV) estimate. This adjustment is driven by recent and anticipated asset sales, as well as announced special dividends. These factors contribute to a cautious outlook, justifying the Hold rating as the expected share price return remains moderate.

In another report released on November 7, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $7.50 price target.

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