Lucid Capital analyst Craig Kucera initiated coverage of Netstreit (NTST) with a Buy rating and $18 price target The company manages a diverse portfolio of approximately 690 investments, spanning over 12.6M square feet of single-tenant net lease retail properties across the United States, along with a relatively small mortgage loan portfolio, the analyst tells investors in a research note. The firm believes investors have the opportunity to acquire Netstreit at a 25% discount to its net asset value estimate in a sector where peers are trading at an NAV premium.
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Read More on NTST:
- Netstreit Corp. Earnings Call: Mixed Results and Strategic Focus
- Strategic Asset Management and Growth Potential Drive Buy Rating for NETSTREIT
- NETSTREIT Corp. Reports 2024 Financial Results
- Netstreit price target lowered to $18.50 from $19.50 at Stifel
- NETSTREIT’s Strong Financial Performance and Strategic Growth Initiatives Justify Buy Rating
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