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Broadstone Net Lease price target raised to $20 from $18 at Truist

Truist raised the firm’s price target on Broadstone Net Lease (BNL) to $20 from $18 and keeps a Hold rating on the shares. The management’s FY25 investment volume target continues to move higher, suggesting that the firm’s 2026 assumptions could be conservative if trends continue, the analyst tells investors in a research note. Truist adds that it may gain additional visibility at the company’s investor day event next week.

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