Netstreit price target raised to $20 from $18 at Scotiabank

Scotiabank raised the firm’s price target on Netstreit (NTST) to $20 from $18 and keeps an Outperform rating on the shares. The firm is updating its price target on the stock based on an improving external growth outlook driven by the company’s lower cost of equity and believes its relative valuation appears inexpensive, the analyst tells investors.