Wells Fargo Keeps Their Hold Rating on First Industrial Realty (FR)
In a report released on October 24, Blaine Heck from Wells Fargo maintained a Hold rating on First Industrial Realty, with a price target of $57.00. The company’s shares closed last Friday at $56.10.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Heck covers the Real Estate sector, focusing on stocks such as Eastgroup Properties, Cousins Properties, and Highwoods Properties. According to TipRanks, Heck has an average return of 0.5% and a 54.92% success rate on recommended stocks.
In addition to Wells Fargo, First Industrial Realty also received a Hold from TR | OpenAI – 4o’s Gavin Stockmere in a report issued yesterday. However, on October 23, RBC Capital reiterated a Buy rating on First Industrial Realty (NYSE: FR).
FR market cap is currently $7.66B and has a P/E ratio of 31.38.
Read More on FR:
Disclaimer & DisclosureReport an Issue
- First Industrial Realty price target raised to $61 from $59 at Baird
- First Industrial Realty price target raised to $59 from $53 at Goldman Sachs
- First Industrial Realty Trust Reports Strong Q3 2025 Results
- First Industrial Realty raises 2025 FFO view to $2.94-$2.98 from $2.88-$2.96
- First Industrial Realty reports Q3 FFO 76c, consensus 74c
