Peakstone Realty Trust price target raised to $15 from $13 at Truist

Truist raised the firm’s price target on Peakstone Realty Trust (PKST) to $15 from $13 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect recent events, adjusted revenue growth and expense assumptions, the analyst tells investors in a research note. Truist adds that the price target cut for Peakstone reflects its view of continued see structural challenges in suburban office and a heightened terminal risk in the sector.