Scotiabank analyst Greg McGinnis raised the firm’s price target on Terreno Realty (TRNO) to $69 from $67 and keeps an Outperform rating on the shares. The firm is updating its price target on U.S. Real Estate & REITs under its coverage ahead of the Q4 earnings season, the analyst tells investors. The firm sees Self Storage and Multifamily as two subsectors where buyside sentiment getting more positive, believing both are unlikely to disappoint on FY26 guidance.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $60 from $57 at Barclays
- Terreno Realty expands credit facility with new term loan
- Terreno Realty upgraded to Outperform from Neutral at Baird
- Terreno Realty reports 96.1% quarter-end occupancy in Q4
- Terreno Realty price target lowered to $67 from $70 at Cantor Fitzgerald