Truist raised the firm’s price target on Peakstone Realty Trust (PKST) to $16 from $15 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is updating its model based on Q1 results as well as adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on PKST:
- Peakstone Realty Trust Expands Long-Term Incentive Plan
- Peakstone Realty Trust price target raised to $15 from $14 at UBS
- Peakstone Realty Trust’s Earnings Call Highlights Strategic Progress
- Peakstone Realty Trust’s Strategic Shift to Industrial REIT
- Peakstone Realty Trust reports Q1 core FFO 62c, consensus 59c