Cantor Fitzgerald cuts First Industrial price target to $58, keeps Neutral rating
Cantor Fitzgerald lowered its First Industrial price target to $58 from $71 and kept a Neutral rating. It also maintained Neutral on Commvault Systems.
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what happened
Analysts at Cantor Fitzgerald reduced their price target on First Industrial Realty (FR) shares to $58 from $71, while keeping a Neutral rating unchanged. The information comes from Dow Jones Newswires, citing Benzinga.
On the same day, Cantor Fitzgerald reaffirmed its Neutral rating on Commvault Systems (CVLT) shares. The report does not give a new price target for that stock.
why it matters
Analyst decisions like these usually affect only the shares of individual companies and rarely move the broader market. For First Industrial, the lower target signals a more cautious view of its prospects, while keeping Commvault at Neutral suggests no change in the analyst's stance.
market impact
FR and CVLT shares: the lower target and Neutral rating reflect cautious analyst expectations
tags
instruments
sources
- First Industrial Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 26 October 2026 at 10:52 UTC
- Commvault Systems Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 26 October 2026 at 11:02 UTC
- WR Berkley Is Maintained at Neutral by Cantor Fitzgerald — Dow Jones Newswires, 26 October 2026 at 11:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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