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Brixmor price target raised to $32 from $29 at Truist

Truist raised the firm’s price target on Brixmor (BRX) to $32 from $29 and keeps a Buy rating on the shares. The firm is also raising its 2026 FFO estimate by 1.3% and its 2027 estimate by 2.5%. Truist was bullish on strip retail REITs in its 2026 REIT Outlook and continues to believe there is good relative value in several of the names, including Brixmor.

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