BofA analyst Jeffrey Spector lowered the firm’s price target on Peakstone Realty Trust (PKST) to $11 from $12 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.
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