Federal Realty (FRT) Receives a Hold from Evercore ISI
Evercore ISI analyst Steve Sakwa maintained a Hold rating on Federal Realty on June 8 and set a price target of $120.00. The company’s shares closed yesterday at $122.10.
Introducing TipRanks MCP for Agents
- Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools.
- Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
Sakwa covers the Real Estate sector, focusing on stocks such as Essex Property, Equity Residential, and Douglas Emmett. According to TipRanks, Sakwa has an average return of 1.5% and a 55.76% success rate on recommended stocks.
In addition to Evercore ISI, Federal Realty also received a Hold from Truist Financial’s Michael Lewis in a report issued on June 8. However, on June 1, Mizuho Securities upgraded Federal Realty (NYSE: FRT) to a Buy.
Based on Federal Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $341.08 million and a net profit of $159.1 million. In comparison, last year the company earned a revenue of $309.15 million and had a net profit of $63.77 million
Read More on FRT:
Disclaimer & DisclosureReport an Issue
- Federal Realty price target raised to $118 from $112 at Truist
- Microsoft initiated, Dell upgraded: Wall Street’s top analyst calls
- Federal Realty upgraded to Outperform from Neutral at Mizuho
- Deutsche shifts shopping center ratings in search of alpha
- Federal Realty price target raised to $128 from $125 at BofA
