BofA analyst Jeffrey Spector lowered the firm’s price target on Rexford Industrial (REXR) to $42 from $43 and keeps a Neutral rating on the shares after updating its model for earnings, telling investors that “SoCal has not yet bottomed.”
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 REXR:
- Rexford Industrial price target lowered to $40 from $45 at Cantor Fitzgerald
- AI Models Turn More Constructive on Rexford Industrial Realty (REXR)
- Rexford Industrial Earnings Call Balances Growth and Headwinds
- Balanced View on REXR: Solid Financial Execution Offset by Softening Fundamentals Justifies Hold Rating
- Rexford Industrial Posts Mixed Q1 Results, Leadership Transition