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Analysts Offer Insights on Real Estate Companies: Equinix (EQIX) and Federal Realty (FRT)

Tipranks - Tue Jun 9, 6:52AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Equinix (EQIX) and Federal Realty (FRT).

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Equinix (EQIX)

In a report released today, Madison Rezaei from Bernstein maintained a Buy rating on Equinix, with a price target of $1222.00. The company’s shares closed last Friday at $1080.95.

According to TipRanks.com, Rezaei is a 2-star analyst with an average return of 0.0% and a 61.5% success rate. Rezaei covers the NA sector, focusing on stocks such as SBA Communications, Digital Realty, and American Tower. ;'>

Equinix has an analyst consensus of Strong Buy, with a price target consensus of $1202.08, an 11.4% upside from current levels. In a report issued on June 2, Citi also maintained a Buy rating on the stock with a $1240.00 price target.

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Federal Realty (FRT)

In a report released today, Michael Lewis from Truist Financial maintained a Hold rating on Federal Realty, with a price target of $118.00. The company’s shares closed last Friday at $122.56.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 9.7% and a 64.5% success rate. Lewis covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Easterly Government Properties, and American Healthcare REIT, Inc. ;'>

Currently, the analyst consensus on Federal Realty is a Moderate Buy with an average price target of $124.36, implying a 3.1% upside from current levels. In a report issued on May 25, Mizuho Securities also maintained a Hold rating on the stock with a $121.00 price target.

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