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First Industrial Realty price target raised to $56 from $55 at Truist

Truist raised the firm’s price target on First Industrial Realty (FR) to $56 from $55 and keeps a Buy rating on the shares. The firm remains bullish on First Industrial, saying 2026 should be another solid growth year. Truist also sees somewhat limited downside risk from potential softness in SoCal.

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