Wells Fargo Keeps Their Hold Rating on First Industrial Realty (FR)
Wells Fargo analyst maintained a Hold rating on First Industrial Realty on January 16 and set a price target of $57.00. The company’s shares closed last Friday at $59.90.
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Currently, the analyst consensus on First Industrial Realty is a Moderate Buy with an average price target of $62.42, which is a 4.21% upside from current levels. In a report released on January 14, Scotiabank also maintained a Hold rating on the stock with a $62.00 price target.
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 $65 from $60 at Truist
- First Industrial Realty price target raised to $62 from $57 at Scotiabank
- First Industrial Realty price target raised to $64 from $54 at Barclays
- First Industrial Realty price target raised to $64 from $61 at Baird
- First Industrial Realty price target raised to $58 from $55 at Cantor Fitzgerald
