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.
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