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Netstreit downgraded to Outperform from Strong Buy at Raymond James

Raymond James downgraded Netstreit (NTST) to Outperform from Strong Buy with a price target of $22, up from $21. Raymond James adjusted ratings in the net lease real estate investment trust group given the year-to-date performance in several names. The firm cites valuation for the downgrade of Netstreit. It sees less upside with the shares up 40% since the beginning of 2025.

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