NYSE:FRTRetail REITs
Federal Realty Upgrades Highlight Affluent Market Focus And Growth Targets
Federal Realty Investment Trust (NYSE:FRT) received multiple analyst upgrades following its latest quarterly report.
The upgrades came after first quarter results that came in ahead of expectations.
Management also issued guidance that points to a positive long term growth outlook.
Analysts highlighted confidence in Federal Realty's focus on affluent, high density retail and mixed use properties.
Federal Realty Investment Trust enters this new phase of coverage with shares at $119.32 and a...