Mizuho Securities Reaffirms Their Buy Rating on First Industrial Realty (FR)
Mizuho Securities analyst Vikram Malhotra reiterated a Buy rating on First Industrial Realty yesterday and set a price target of $62.00. The company’s shares closed yesterday at $55.93.
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According to TipRanks, Malhotra is a 2-star analyst with an average return of 0.5% and a 47.81% success rate. Malhotra covers the Real Estate sector, focusing on stocks such as Rexford Industrial Realty, American Tower, and Welltower.
Currently, the analyst consensus on First Industrial Realty is a Moderate Buy with an average price target of $59.00.
Based on First Industrial Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $181.43 million and a net profit of $65.27 million. In comparison, last year the company earned a revenue of $168.16 million and had a net profit of $99.36 million
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- First Industrial Realty price target raised to $57 from $54 at Scotiabank
- First Industrial Realty price target raised to $54 from $52 at Barclays
- 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
