Wall Street Analysts Are Bullish on Top Real Estate Picks
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Terreno Realty (TRNO – Research Report) and Annaly Capital (NLY – Research Report) with bullish sentiments.
Terreno Realty (TRNO)
In a report released today, Mitchell Germain from JMP Securities maintained a Buy rating on Terreno Realty, with a price target of $65.00. The company’s shares closed last Tuesday at $63.87, close to its 52-week high of $65.64.
According to TipRanks.com, Germain is a 3-star analyst with an average return of
Terreno Realty has an analyst consensus of Moderate Buy, with a price target consensus of $68.17, which is a 7.7% upside from current levels. In a report released yesterday, Barclays also initiated coverage with a Buy rating on the stock with a $71.00 price target.
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Annaly Capital (NLY)
In a report released yesterday, Bose George from KBW maintained a Buy rating on Annaly Capital, with a price target of $21.50. The company’s shares closed last Tuesday at $19.73.
According to TipRanks.com, George is a top 100 analyst with an average return of
Currently, the analyst consensus on Annaly Capital is a Moderate Buy with an average price target of $20.57.
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Read More on TRNO:
- Terreno Realty announces offering of 5M shares of common stock
- Terreno Realty buys industrial property in East Williamsburg for $12M
- Terreno Realty price target raised to $73 from $70 at Piper Sandler
- Terreno Realty Updates At the Market Equity Program
- Terreno Realty files to sell common, preferred stock, no amount given
