Truist raised the firm’s price target on EastGroup Properties (EGP) to $188 from $177 and keeps a Buy rating on the shares. Despite the macroeconomic concerns, industrial leasing appears to be strengthening, and the firm projects strong earnings growth for the REIT, the analyst tells investors in a research note.
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Read More on EGP:
- EastGroup Properties price target raised to $196 from $187 at Wells Fargo
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