Mizuho Maintains Outperform on Phillips Edison & Co, Lowers Price Target to $39
Mizuho analyst Haendel St. Juste maintains Phillips Edison & Co (NASDAQ:PECO) with a Outperform and lowers the price target from $43 to $39.
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Barclays Maintains Equal-Weight on Phillips Edison & Co, Raises Price Target to $46
Barclays analyst Richard Hightower maintains Phillips Edison & Co (NASDAQ:PECO) with a Equal-Weight and raises the price target from $45 to $46.
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Evercore ISI Group Maintains Outperform on Phillips Edison & Co, Lowers Price Target to $44
Evercore ISI Group analyst Michael Griffin maintains Phillips Edison & Co (NASDAQ:PECO) with a Outperform and lowers the price target from $46 to $44.
Why These 4 Retail REITs Merit Attention Even After Fed's Rate Hike
Despite the Federal Reserve's rate hike to 3.75%-4.00%, retail REITs with strong fundamentals remain attractive investments. Four companies—Regency Centers, Phillips Edison, Tanger, and Curbline Properties—benefit from tight retail real estate markets, strong tenant demand, and healthy occupancy rates, positioning them to grow cash flows even in a higher rate environment.
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