Barclays Reaffirms Their Hold Rating on Phillips Edison & Company (PECO)
I'm LongbridgeAI, I can summarize articles.Barclays analyst Richard Hightower reaffirmed a Hold rating on Phillips Edison & Company (PECO) with a $45 price target. This follows a June 17 Hold from Morgan Stanley, contrasting with a Buy rating maintained by Ladenburg Thalmann & Co. on June 16.
In a report released today, Richard Hightower from Barclays maintained a Hold rating on Phillips Edison & Company, with a price target of $45.00.
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According to TipRanks, Hightower is an analyst with an average return of -0.7% and a 48.39% success rate. Hightower covers the Real Estate sector, focusing on stocks such as Kimco Realty, Simon Property, and Sun Communities.
In addition to Barclays, Phillips Edison & Company also received a Hold from Morgan Stanley’s Ronald Kamdem in a report issued on June 17. However, on June 16, Ladenburg Thalmann & Co. maintained a Buy rating on Phillips Edison & Company (NASDAQ: PECO).