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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Read More on NTST:
- NETSTREIT: Buy Rating Backed by Superior Growth, Investment‑Grade Tenants, and Balance Sheet Strength
- Netstreit price target raised to $21 from $20 at Truist
- Netstreit downgraded to Outperform from Strong Buy at Raymond James
- Netstreit price target raised to $23 from $19 at Mizuho
- Netstreit price target raised to $24 from $21 at UBS
