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Netstreit initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of Netstreit (NTST) with an Outperform rating and $24 price target The firm says the company’s acquisition strategy drives strong rent coverage and minimizes tenant disruption risk. In addition, Netstreit’s liquidity and low leverage provide capital allocation flexibility and support above-average earnings growth, the analyst tells investors in a research note.

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