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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Read More on BRX:
- Brixmor price target raised to $33 from $30 at JPMorgan
- Brixmor price target raised to $34 from $31 at Piper Sandler
- Brixmor price target raised to $32 from $30 at BofA
- Brixmor price target raised to $31 from $27 at Citi
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