Barclays lowered the firm’s price target on Phillips Edison (PECO) to $40 from $41 and keeps an Equal Weight rating on the shares. The firm updated models in the real estate investment trust group to reflect the Q4 reports.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PECO:
- Phillips Edison Completes $350 Million Senior Notes Offering
- Phillips Edison price target raised to $45 from $43 at BofA
- Phillips Edison Declares Monthly Dividends Through May 2026
- Anchor and Small-Tenant Risks Threaten Phillips Edison’s Rental Income, Occupancy, and Shareholder Distributions
- Phillips Edison Earnings Call Highlights Steady Growth