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EastGroup Properties price target lowered to $177 from $180 at Truist

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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