BofA lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $36 from $38 and keeps a Buy rating on the shares. Based on recent property tours, quarter-to-date updates and the proximity to when 2025 guidance was initiated, the firm expects “mainly beats and meets for 1Q results” and expects a good earnings season for REITs, the analyst tells investors.
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Read More on EPRT:
- Essential Properties Realty Releases Financial Presentation
- Essential Properties Realty Appoints New Executive Vice Presidents
- Essential Properties Realty Trust names Max Jenkins as new COO
- Essential Properties Realty Trust 8.2M share Spot Secondary priced at $31.00
- Essential Properties 8M share Spot Secondary; price range $30.80-$31.50
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