RBC Capital analyst Michael Carroll raised the firm’s price target on EastGroup Properties (EGP) to $208 from $195 and keeps a Sector Perform rating on the shares. The company delivered a healthy earnings report highlighted by better development leasing activity that is allowing management to be more proactive pursuing new starts, the analyst tells investors in a research note.
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- EastGroup Properties price target raised to $210 from $208 at Baird
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