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Analysts Conflicted on These Real Estate Names: Terreno Realty (TRNO) and Eastgroup Properties (EGP)

Tipranks - Tue Feb 17, 5:06AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Terreno Realty (TRNOResearch Report) and Eastgroup Properties (EGPResearch Report).

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Terreno Realty (TRNO)

Wells Fargo analyst James Feldman maintained a Hold rating on Terreno Realty on February 13 and set a price target of $72.00. The company’s shares closed last Friday at $66.10.

According to TipRanks.com, Feldman is a 2-star analyst with an average return of 0.0% and a 49.0% success rate. Feldman covers the NA sector, focusing on stocks such as Hudson Pacific Properties, Medical Properties Trust, and Xenia Hotels & Resorts. ;'>

Currently, the analyst consensus on Terreno Realty is a Moderate Buy with an average price target of $70.31, which is an 8.2% upside from current levels. In a report issued on February 10, Citi also maintained a Hold rating on the stock with a $70.00 price target.

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Eastgroup Properties (EGP)

In a report issued on February 13, Blaine Heck from Wells Fargo maintained a Buy rating on Eastgroup Properties, with a price target of $215.00. The company’s shares closed last Friday at $190.92, close to its 52-week high of $192.61.

According to TipRanks.com, Heck is a 1-star analyst with an average return of -0.5% and a 51.2% success rate. Heck covers the NA sector, focusing on stocks such as Rexford Industrial Realty, COPT Defense Properties, and First Industrial Realty. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eastgroup Properties with a $204.07 average price target, an 8.5% upside from current levels. In a report issued on February 4, BMO Capital also maintained a Buy rating on the stock with a $205.00 price target.

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