Mizuho lowered the firm’s price target on Federal Realty (FRT) to $96 from $107 and keeps a Neutral rating on the shares. The firm says shopping center real estate investment trust portfolios are positioned “well-enough” from a tenant credit-reserve perspective to raise initial fiscal 2025 guidance. It expects improved occupancy and signed not occupied tailwinds to drive improved growth into the second half of 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRT:
- Federal Realty price target raised to $110 from $109 at Stifel
- Federal Realty provides update on capital allocation strategy and transactions
- Federal Realty announces first-of-its-kind agreement with Mercedes-Benz
- Federal Realty initiated with an Overweight at Barclays
- Federal Realty downgraded to Neutral from Overweight at JPMorgan