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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FPI: