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Federal Realty upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded Federal Realty (FRT) to Overweight from Neutral with a price target of $114, up from $107. The firm made a number of rating changes in the real estate investment trust group as part of its 2026 outlook. The changes include two upgrades and seven downgrades. The number of downgrades reflects a “more stratified ratings distribution,” the analyst tells investors in a research note.

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