NNN REIT price target raised to $44 from $43 at BofA

BofA raised the firm’s price target on NNN REIT (NNN) to $44 from $43 and keeps an Underperform rating on the shares. Based on recent property tours, quarter-to-date updates and the proximity to when 2025 guidance was initiated, the firm expects “mainly beats and meets for 1Q results” and expects a good earnings season for REITs, the analyst tells investors.