Rexford Industrial price target lowered to $45 from $50 at Cantor Fitzgerald

Cantor Fitzgerald analyst Richard Anderson lowered the firm’s price target on Rexford Industrial (REXR) to $45 from $50 and keeps an Overweight rating on the shares. Industrial REITs are generally providing 2026 guidance that balances realism with the potential for beat-and-raise results, the analyst tells investors in a research note. Performance is expected to be stronger nationwide, supported by tenants committing to long-term leases and relatively short development cycles that help limit lingering supply pressures, though Southern California remains an outlier, the firm says.