Truist analyst Anthony Hau raised the firm’s price target on Plymouth Industrial REIT (PLYM) to $21 from $18 and keeps a Hold rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect Q2 results, recent events and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLYM:
- Plymouth Industrial downgraded to Market Perform at Citizens JMP
- Why Is Plymouth Industrial REIT Stock (PLYM) Up 40% Today?
- Home Depot reports Q2 results, SoftBank invests $2B in Intel: Morning Buzz
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Plymouth Industrial Reit: Hold Rating Amid Acquisition Offer and Financial Uncertainty