From Financial Modeling Prep: 2025-04-16 07:00:00

In summary, analysts have lowered the average price target for Rexford Industrial Realty, Inc. (NYSE:REXR) from $44 to $38, reflecting a more conservative outlook due to market conditions and economic uncertainties. Despite this, Wells Fargo remains optimistic with a price target of $90, emphasizing potential value in the stock. Rexford is a key player in the industrial real estate sector, specializing in properties in Southern California and competing with other REITs. The downward revision in price targets over the past year may be influenced by challenges in the sector, such as rising interest rates and changes in demand. Recent earnings reports and strategic developments could also impact analysts’ views on the stock. Wells Fargo’s optimistic price target of $90 indicates confidence in REXR’s future performance, highlighting potential opportunities for investors during market volatility.



Read more at Financial Modeling Prep:: Rexford Industrial Realty, Inc. (NYSE:REXR) Analys…