Evercore ISI raised the firm’s price target on Rexford Industrial (REXR) to $40 from $39 and keeps an In Line rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm’s 2027 AFFO estimates into its price target framework.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 raised to $39 from $35 at Barclays
- Rexford Industrial price target raised to $39 from $38 at Evercore ISI
- Rexford Industrial price target raised to $40 from $37 at Mizuho
- Rexford Industrial price target raised to $43 from $40 at Scotiabank
- Closing Bell Movers: Google jumps 7% on constructive antitrust ruling