UBS analyst Michael Goldsmith maintained a Buy rating on NETSTREIT yesterday and set a price target of $21.00.
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Michael Goldsmith has given his Buy rating due to a combination of factors that highlight both operating strength and an attractive valuation backdrop. NETSTREIT delivered fourth-quarter AFFO in line with expectations, increased its dividend, and demonstrated it can deploy capital at steady yields while upgrading portfolio quality through selective dispositions and reduced exposure to weaker tenant categories.
At the same time, occupancy remains essentially full, lease terms are long, and the balance sheet is conservatively levered, now supported by a new investment-grade rating that should aid future financing. Management reaffirmed its 2026 AFFO outlook with mid-single-digit growth and appears to have pre-funded its investment plan within target leverage, leading Goldsmith to see a favorable risk/reward profile and support a price target that implies upside from current levels.
In another report released yesterday, BTIG also maintained a Buy rating on the stock with a $19.00 price target.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTST in relation to earlier this year.