Mizuho raised the firm’s price target on Federal Realty (FRT) to $105 from $100 and keeps a Neutral rating on the shares. The firm downgraded the shopping center real estate investment trust sector to Neutral, believing the group has reached peak fundamentals with portfolios approaching or surpassing all-time high occupancy levels.
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- Federal Realty price target raised to $109.50 from $104.50 at Stifel
- Federal Realty upgraded to Overweight from Neutral at JPMorgan
- Federal Realty upgraded to Buy from Hold at Jefferies
- Federal Realty price target raised to $109 from $105 at Truist
