Truist says Essential Properties in good position for more acquisitions, raises PT

Essential Properties Realty Trust

03/10/2024 14:21

** Truist Securities raises Essential Properties Realty
Trust's  EPRT.N  PT to $36 from $33 and maintains "buy" rating
    ** New PT represents a ~10% upside to stock's last close
    ** Brokerage says EPRT in good position for more
acquisitions and strong liquidity that can support co's growth
strategy for next year
    ** 14 of 16 brokerages rate the stock "buy" or higher and 2
"hold"; median PT is $34 - LSEG 
    ** As of last close, EPRT up 28% YTD

 (Reporting by Anshuman Tripathy in Bengaluru)
 ((Anshuman.Tripathy@thomsonreuters.com))