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EastGroup Properties upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Brendan Lynch upgraded EastGroup Properties (EGP) to Overweight from Equal Weight with a price target of $210, up from $182. The firm adjusted ratings in the real estate investment trust sector as part of its 2026 outlook. Barclays sees “no easy path” for the REITs to outperform. It cites EastGroup’s capital allocation program and consistent growth for the upgrade.

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