NNN REIT cut to Neutral at Janney on tenant headwinds, higher borrowing costs (NNN:NYSE)


REIT. Real estate investment trust. Financial Market. Hand pressing button on screen

Funtap/iStock via Getty Images

Janney analyst Robert Stevenson downgraded NNN REIT (NYSE:NNN) shares to Neutral from Buy on Wednesday, as the combination of higher-for-longer interest rates and tenant headwinds “will continue to offset the cheap valuation in the near term.”

The retail real estate


Leave a Comment