JMP Securities analyst Mitch Germain upgraded Broadstone Net Lease (BNL) to Outperform from Market Perform with a $21 price target The firm believes progress from the company’s portfolio rationalization strategy is not priced into the shares. JMP has “been impressed” by Broadstone ‘s progress in reducing exposure to clinical healthcare assets, and says the company’s investment pipeline is expanding and should result in improved quality of rents.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BNL:
- Broadstone Net Lease management to meet with KeyBanc
- Broadstone Net Lease Updates Development Commitments for Growth
- Broadstone Net Lease announces updates on build-to-suit development funding
- Broadstone Net Lease initiated with a Neutral at UBS
- Broadstone Net Lease Reports Strong Q3 2024 Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
