Scotiabank Retains an “Outperform” Rating on NETSTREIT Corp. (NTST)
NETSTREIT Corp. (NYSE:NTST) is one of the
10 Best Russell 2000 Stocks to Invest In According to Hedge Funds.
On May 12, Scotiabank analyst Greg McGinniss raised his price target on NETSTREIT Corp. (NYSE:NTST) to $23 from $22. It maintained an “Outperform” rating on the shares. The analyst told investors that the first quarter across net lease REITs showed higher AFFO and investment guidance, with many issuing forward equity to fund growth.
On the same day, Truist analyst Michael Lewis lifted his price goal on NETSTREIT Corp. (NYSE:NTST) to $22 from $21. The analyst maintained a Buy rating on the stock and noted higher acquisition assumptions while warning his 4.1% five year FAD growth view could prove conservative if capital costs ease.Scotiabank Retains an “Outperform” Rating on NETSTREIT Corp. (NTST)
Separately, NETSTREIT Corp. (NYSE:NTST) raised the 2026 AFFO outlook to be between $1.36 to $1.39 per share while increasing net investment expectations to be between $550 million and $650 million. It also factors in $0.03 to $0.06 per share dilution from forward equity.
NETSTREIT Corp. (NYSE:NTST) is a firm that internally manages a real estate investment trust with an eye on acquiring single-tenant net lease retail properties across the country.
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