Lucid Capital analyst Craig Kucera downgraded Farmland Partners (FPI) to Neutral from Buy with a price target of $12.50, down from $13. The firm cites the stock’s valuation relative to its agricultural real estate investment trust peers for the downgrade. In addition, downward pressure on commodities will likely make 2025 a tough year for agriculture in general, hurting leasing spreads, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FPI:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue