Evercore ISI Keeps Their Hold Rating on NNN REIT (NNN)
In a report released today, James Kammert from Evercore ISI reiterated a Hold rating on NNN REIT, with a price target of $43.00.
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Kammert covers the Real Estate sector, focusing on stocks such as Welltower, Agree Realty, and Alexandria Equities. According to TipRanks, Kammert has an average return of 0.4% and a 44.90% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for NNN REIT with a $44.00 average price target.
Based on NNN REIT’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $230.16 million and a net profit of $96.84 million. In comparison, last year the company earned a revenue of $218.56 million and had a net profit of $97.9 million
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