Key facts
- Truist raised the price target for Federal Realty Investment Trust to $112.
- Truist reiterated a "buy" rating on Federal Realty Investment Trust.
- The price target increase was driven by higher funds from operations estimates.
Truist analyst David Chiaverini has increased the price target for Federal Realty Investment Trust (FRT) from $107 to $112. This adjustment is based on the firm's revised estimates for higher funds from operations (FFO). Concurrently, Truist has upgraded its rating on the real estate investment trust to a "buy."