Truist analyst Ki Bin Kim lowered the firm’s price target on Brixmor (BRX) to $29 from $30 and keeps a Buy rating on the shares. The firm’s model is little changed, while shares appear to be slightly underperforming following the announcement that CEO James M. Taylor will retire effective November 1, 2026. Taylor has been on a temporary medical leave of absence. Brian T. Finnegan, COO and interim CEO, will succeed Taylor as permanent CEO and on the Board of Directors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRX: