Barclays raised the firm’s price target on Essential Properties Realty Trust (EPRT) to $37 from $35 and keeps an Overweight rating on the shares. The firm updated real estate investment trust net lease models post the Q1 reports. Tenant creditworthiness is a “non-issue so far this year, judging by the REITs’ relative performance stack,” the analyst tells investors in a research note. However, the firm is not inclined to dismiss credit’s importance just yet.
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