TSX:GRT.UN - Post by User
Post by
retiredcfon Mar 13, 2023 9:02am
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Post# 35334298
More Raised Targets
More Raised Targets Desjardins Securities’ Kyle Stanley raised his Granite Real Estate Investment Trust target to $97 from $94 with a “buy” rating, while Raymond James’ Brad Sturges bumped his target to $95 from $93 with an “outperform” rating. The average is $95.60.
“GRT’s operational momentum only appears to be accelerating, with robust industrial demand and leasing spreads contributing to mid- to high-single-digit SP NOI and sector-leading 12-per-cent FFOPU [funds from operations per unit] growth guidance,” Mr. Stanley said.