BRT Apartments price target raised to $20.50 from $19.50 at B. Riley

B. Riley raised the firm’s price target on BRT Apartments to $20.50 from $19.50 and keeps a Buy rating on the shares following the Q1 report. While the results and outlook could be seen as a mixed bag, and BRT’s growth seems muted versus in years past, these headwinds appear more than reflected in the the stock’s valuation, the analyst tells investors in a research note.