BofA raised the firm’s price target on Phillips Edison (PECO) to $45 from $43 and keeps a Buy rating on the shares. The firm is updating its models following Q4 results from a number of retail REITs it covers.
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 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
- Phillips Edison price target raised to $42 from $41 at Evercore ISI
- Phillips Edison & Company: Solid Fundamentals and Steady Outlook Support Hold Rating Amid Balanced Risk/Reward