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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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
Questions or Comments about the article? Write to editor@tipranks.com