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0.000146921984426275 -0.000244869974043699 -0.00244869974043783 -0.00186101180273273 -0.00279151770409909 -0.00279151770409909 -0.00279151770409909 -0.00279151770409909
Stock impact report

Stifel Lifts Federal Realty (FRT) Target After $170M Asset Sale [Yahoo! Finance]

Federal Realty Investment Trust (FRT) 
Last federal realty investment trust earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.federalrealty.com
Company Research Source: Yahoo! Finance
On December 18, Stifel analyst Simon Yarmak raised the firm's price target on Federal Realty Investment Trust (NYSE:FRT) to $109.50 from $104.50 and kept a Hold rating on the shares. The update followed Federal Realty's announcement that it sold Pallas at Pike & Rose and Bristol Plaza for a combined $170 million. The firm said it adjusted estimates after the sale. The transaction capped a busy stretch for the company. Earlier this month, Federal Realty announced the acquisition of Village Pointe. That deal came on the heels of a July announcement confirming the completion of its purchase of Town Center Plaza and Town Center Crossing in Leawood, Kansas. The analyst pointed to this steady pace of activity in a research note to investors. Federal Realty Investment Trust (NYSE:FRT) has long leaned toward quality over quantity. That approach shows up in the areas surrounding its properties. Population density tends to be higher, and household incomes also run above peer averages. In sim Show less Read more
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