Phillips Edison price target raised to $42 from $40 at Barclays

Barclays raised the firm’s price target on Phillips Edison (PECO) to $42 from $40 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the real estate investment trust group as part of a Q1 preview. Barclays does not expect much movement in company fiscal 2026 outlooks due to “dueling economic headwinds and tailwinds.”