Baird lowered the firm’s price target on Rexford Industrial (REXR) to $47 from $48 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results with redeveloping/repositioning lease-up a focus for 2025.
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 $47 from $48 at Scotiabank
- Rexford Industrial Realty Reports Strong 2024 Results
- Rexford Industrial Realty Navigates Market Challenges with Resilience
- Barry Oxford Recommends Buy for Rexford Industrial Realty Due to Strategic Positioning and Financial Resilience
- Hold Rating on Rexford Industrial Realty Amidst Challenges and Future Growth Potential