UBS Maintains Neutral on Phillips Edison & Co, Lowers Price Target to $42
UBS analyst Michael Goldsmith maintains Phillips Edison & Co (NASDAQ:PECO) with a Neutral and lowers the price target from $46 to $42.
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PECO Expands Northwestern Mutual Venture and Raises 2026 Acquisition Outlook
PECO joint venture expansion with Northwestern Mutual supports higher 2026 acquisitions while full-year guidance remains intact.
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Wells Fargo Maintains Equal-Weight on Phillips Edison & Co, Lowers Price Target to $41
Reported Earlier, Phillips Edison Reaffirms 2026 Core FFO Per Share Guidance At $2.73-$2.79, Up 6.2% YoY At Midpoint, Raises Gross Acquisitions Guidance To $600M-$700M
2026 Investment Activity and Guidance Highlights:Year to date through September 30, 2026, acquired $459.7 million in assets at PECO’s total prorated share and sold $174.0 million in assetsIncreased full year 2026 gross