Mizuho analyst Haendel St. Juste raised the firm’s price target on Federal Realty (FRT) to $100 from $96 and keeps a Neutral rating on the shares. The firm updated shopping center real estate investment trust price targets post the Q2 reports. The earnings season “did not disappoint” and the shares offer attractive risk/rewards, the analyst tells investors in a research note.
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Read More on FRT:
- Federal Realty’s Earnings Call Highlights Robust Growth
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- Federal Realty’s Strategic Shifts and Uncertain Growth Prospects Lead to Hold Rating
- Federal Realty’s Strong Financial Performance and Strategic Growth Initiatives Earns Buy Rating
- Federal Realty raises FY25 FFO view to $7.01-$7.11 from $6.96-$7.08
