Postal Realty Trust price target raised to $24 from $21 at Jefferies

Jefferies analyst Jonathan Petersen raised the firm’s price target on Postal Realty Trust (PSTL) to $24 from $21 and keeps a Buy rating on the shares. The firm notes the company delivered strong 2026 AFFO guidance of $1.40, exceeding Street expectations by 3c. Recent balance sheet actions enhance the ability to drive more acquisitions, reinforcing a compelling external growth runway alongside accelerating internal growth. Only 53% of leases feature annual rent escalations, which provide ample room for additional lease restructures to drive upside to same-store growth, Jefferies adds.