Why Did BofA Upgrade 3 Triple-net Lease REITs?
The rating changes in the net lease segment reflects a shift in focus from portfolio quality to growth, which is likely to be key to net lease performance in 2021, according to BofA Securities. The REIT Analyst: Joshua Dennerlein upgraded the ratings for EPR Properties (NYSE: EPR ), Essential Properties Realty Trust Inc (NYSE: EPRT ) and National Retail Properties, Inc. (NYSE: NNN ) from Underperform to Buy. The EPR Properties Thesis: Analyst Dennerlein raised the price target from $26 to $62 in the upgrade note. “EPR is … Full story available on Benzinga.com
Why Did BofA Upgrade 3 Triple-net Lease REITs?
The rating changes in the net lease segment reflects a shift in focus from portfolio quality to growth, which is likely to be key to net lease performance in 2021, according to BofA Securities. The REIT Analyst: Joshua Dennerlein upgraded the ratings for EPR Properties (NYSE: EPR ), Essential Properties Realty Trust Inc (NYSE: EPRT ) and National Retail Properties, Inc. (NYSE: NNN ) from Underperform to Buy. The EPR Properties Thesis: Analyst Dennerlein raised the price target from $26 to $62 in the upgrade note. “EPR is … Full story available on Benzinga.com