Barclays lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $35 from $36 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for the net lease real estate investment trusts. The firm modestly reduced fiscal 2025 estimates in most cases to reflect higher interest rates and a more conservative view on tenant credit.
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Read More on EPRT:
- Essential Properties Realty Trust price target lowered to $34 from $36 at Truist
- Essential Properties Realty Trust price target lowered to $33 from $34 at Evercore ISI
- Barclays starts Essential Properties at Overweight, cites different strategy
- Essential Properties Realty Trust initiated with an Overweight at Barclays
- Essential Properties Realty Trust initiated with a Buy at Deutsche Bank