Netstreit price target lowered to $19 from $20 at Truist

Truist lowered the firm’s price target on Netstreit (NTST) to $19 from $20 and keeps a Buy rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect Q3 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note. The firm added that it is expecting less net investment activity for the REIT due to the company’s strategic disposition program to reduce certain tenant concentrations.