TSX:NXR.UN - Post Discussion
Post by
hawk35 on Mar 20, 2023 10:18am
BMO
BMO’s Michael Markidis trimmed his
Nexus Industrial REIT (
NXR-UN-T +1.56%
increase) target to $11 from $11.50 with a “market perform” rating. The average is $11.95.
“The outlook for this year calls for improving SPNOI growth, continued portfolio expansion (mainly through acquisitions, but also through development) and non-core dispositions. Reflecting downward revisions to our NAV and FFO outlook, we have trimmed our target,” he said.
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