Raymond James raised the firm’s price target on Netstreit (NTST) to $18 from $17 and keeps a Strong Buy rating on the shares. Netstreit posted a beat and increased the bottom-end of 2025 adjusted funds from operations guidance, and the company continues to pare down its exposure to Walgreens and Dollar General. The firm is encouraged to see management remains disciplined, instead focusing on recycling the portfolio until their cost of equity capital improves.
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Read More on NTST:
- NETSTREIT Holds Annual Stockholders Meeting on May 15
- Netstreit price target raised to $18 from $16 at Truist
- Netstreit Corp. Earnings Call: Positive Outlook Amid Market Challenges
- Netstreit Corp. Reports Revenue Growth in Q1 2025
- Strong Financial Position and Growth Potential Drive Buy Rating for NETSTREIT
