Truist lowered the firm’s price target on EastGroup Properties (EGP) to $177 from $180 and keeps a Buy rating on the shares. The firm increased its 2025 FFO per share estimate but decreased its estimate for 2026, primarily due to lower lease spreads, lower acquisitions, and higher G&A.
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Read More on EGP:
- EastGroup Properties price target lowered to $182 from $193 at Barclays
- EastGroup Properties price target lowered to $183 from $189 at RBC Capital
- EastGroup Properties’ Earnings Call Highlights Robust Growth Amid Challenges
- Eastgroup Properties: Strong Performance and Strategic Positioning Justify Buy Rating Amid Macroeconomic Uncertainties
- EastGroup Properties Reports Q1 2025 Financial Results
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