Wells Fargo has maintained its overweight recommendation for the Federal Realty Investment Trust (FRT). The company’s narrative has shifted after acquiring the Annapolis Town Center, impacting its current dividend strategy. FRT has presented an opportunity to generate up to 6% yield from this 'Dividend King'. The acquisition continues to shape its valuation, whilst the company continues to top Q2 FFO and revenue estimates. Barclays has raised the price target to $113.00, while Deutsche Bank has downgraded the FRT stock to 'Hold'. The REIT community has taken note of FRT's activities, with Maryland Governor Wes Moore meeting with the CEO. Federal Realty has completed another acquisition, advancing its capital allocation strategy and further positioning itself amidst a retail real estate recovery in 2025. The innovative property upgrades and acquisitions continue to present FRT as a strong contender in the REIT market, benefiting from a landmark EV infrastructure agreement with Mercedes-Benz. Despite some market headwinds, the trust remains resilient, with Barclays maintaining a buy rating and adjusting the price target to $113.00. The recent drop in FRT stock presents a purchasable opportunity, delivering close to a 5% yield. The rating from UBS remains neutral after the Assembly Row tour.
Federal Realty Investment Trust FRT News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Fri, 24 Oct 2025 08:21:28 GMT - Rating 8 - Innovation 2 - Information 7 - Rumor -6
