Cantor Fitzgerald keeps Overweight on Rexford and EastGroup, cuts price targets
Cantor Fitzgerald kept Overweight ratings on Rexford Industrial and EastGroup while lowering their price targets, according to Dow Jones Newswires.
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what happened
Cantor Fitzgerald maintained its Overweight rating on Rexford Industrial Realty (REXR) while lowering its price target to $44 from $45 per share.
For EastGroup (EGP), the analysts also kept the Overweight rating but reduced the target to $220 from $235 per share. The information was published by Dow Jones Newswires, citing Benzinga, with reports timed at 10:51 and 10:54 GMT.
why it matters
Adjustments like these are usually routine and affect individual stocks. Lower targets for two industrial REITs may suggest more cautious analyst expectations on valuation, but on their own, unchanged ratings do not alter the broader picture for the sector.
tags
instruments
sources
- Rexford Industrial Realty Is Maintained at Overweight by Cantor Fitzgerald — Dow Jones Newswires, 26 October 2026 at 10:54 UTC
- EastGroup Is Maintained at Overweight by Cantor Fitzgerald — Dow Jones Newswires, 26 October 2026 at 10:51 UTC
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