BMO Capital analyst Juan C. Sanabria maintained a Buy rating on Federal Realty today and set a price target of $115.00.
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Juan C. Sanabria has given his Buy rating due to a combination of factors including Federal Realty’s strong financial performance and strategic initiatives. The company reported a slight beat in their third quarter results, with a solid increase in same-store net operating income and impressive leasing and rent spreads. Additionally, the guidance for the fiscal year 2025 was raised, reflecting confidence in continued growth and operational efficiency.
Sanabria also noted the potential for further market expansion and asset sales, which could enhance Federal Realty’s portfolio and financial standing. The strategic capital allocation and the absence of significant risks, such as a government shutdown, contribute to the positive outlook. These elements collectively support the Buy rating, indicating a favorable view of the company’s future prospects.
According to TipRanks, C. Sanabria is a 2-star analyst with an average return of 0.5% and a 45.73% success rate. C. Sanabria covers the Real Estate sector, focusing on stocks such as Ventas, Federal Realty, and Brixmor Property.
In another report released on October 29, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $110.00 price target.