First Industrial Realty price target raised to $51 from $50 at Scotiabank
Scotiabank analyst Nicholas Yulico raised the firm's price target on First Industrial Realty (FR) to $51 from $50 and keeps a Sector Perform rating on the shares. The firm is adjusting its estimates on U.S. Real Estate & REITs in its coverage following Q1 results, the analyst tells investors. Quarterly results contained some negative surprises, but generally played out as expected, with most companies maintaining FY25 guidance, the firm notes. Real estate fundamentals tend to lag, so many are looking to see the potential impact of the slowing economy on H2 2025 results, the firm adds.
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on FR:
Disclaimer & DisclosureReport an Issue
First Industrial Realty files automatic mixed securities shelf
First Industrial Realty price target lowered to $59 from $61 at Baird
First Industrial Realty price target lowered to $55 from $60 at Truist
First Industrial Realty price target lowered to $52 from $56 at Barclays
First Industrial Realty Trust Reports Strong Q1 2025 Results
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
30 minutes ago
- Business Insider
Nuvve Holding files $300M mixed securities shelf
16:48 EDT Nuvve Holding (NVVE) files $300M mixed securities shelf Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
41 minutes ago
- Business Insider
Applied Digital files to sell 14.06M shares of common stock for holders
The company will not receive any proceeds from the sale of the shares by the selling stockholders. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
41 minutes ago
- Business Insider
TD Securities Sticks to Their Hold Rating for Hydro One (H)
TD Securities analyst maintained a Hold rating on Hydro One (H – Research Report) today and set a price target of C$52.00. The company's shares closed today at C$48.56. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The word on The Street in general, suggests a Hold analyst consensus rating for Hydro One with a C$52.33 average price target, representing a 7.76% upside. In a report released yesterday, TD Cowen also initiated coverage with a Hold rating on the stock with a C$52.00 price target. H market cap is currently C$29.16B and has a P/E ratio of 23.91.
