Barclays lowered the firm’s price target on Terreno Realty (TRNO) to $57 from $60 and keeps an Equal Weight rating on the shares. The firm says that given heightened uncertainty related to tariffs, inflation and economic weakness, it remains cautious on industrial real estate investment trusts.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRNO:
- Terreno Realty price target raised to $68 from $64 at Scotiabank
- Terreno Realty upgraded to Buy from Neutral at Goldman Sachs
- Terreno Realty: Balancing Strong Demand with Slowing Income Growth and Valuation Risks
- Strategic Buy Rating for Terreno Realty Corp. Amid Strong Market Position and Growth Prospects
- Terreno Realty initiated with a Market Perform at BMO Capital