BofA raised the firm’s price target on EastGroup Properties (EGP) to $205 from $200. While stock performance did not reflect it, Q3 earnings season was “strong” for U.S. REITs as 69% of REITs beat the Street, the analyst tells investors in a note on the group.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EGP:
- EastGroup Properties price target raised to $188 from $177 at Truist
- EastGroup Properties price target raised to $196 from $187 at Wells Fargo
- EastGroup Properties price target raised to $196 from $190 at Baird
- EastGroup Properties price target raised to $183 from $182 at RBC Capital
- EastGroup Properties price target raised to $200 from $190 at Cantor Fitzgerald
