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First Industrial Realty (FR) Gets a Hold from Wells Fargo

Tipranks - Tipranks - Tue Feb 17, 5:06AM CST

Wells Fargo analyst maintained a Hold rating on First Industrial Realty on February 13 and set a price target of $62.00. The company’s shares closed last Friday at $58.92.

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Currently, the analyst consensus on First Industrial Realty is a Moderate Buy with an average price target of $64.00, representing an 8.62% upside. In a report released on February 14, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $63.00 price target.

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Based on First Industrial Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $188.41 million and a net profit of $78.85 million. In comparison, last year the company earned a revenue of $175.31 million and had a net profit of $68.42 million

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