BofA raised the firm’s price target on Essential Properties Realty Trust (EPRT) to $38 from $37 and keeps a Buy rating on the shares. Last week’s results were positive for the net lease REITs as all three covered by the firm bumped their 2025 AFFO guidance, the analyst noted. The firm expects similar operating trends on better bad debt and greater external growth from peers that are reporting this week, the analyst added.
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