Regency Centers Gains Analyst Favor Through Strategic Development Push

A focused development strategy and record-setting leasing performance at Regency Centers Corp. have prompted multiple Wall Street firms to raise their price targets on the retail REIT. The company’s aggressive investment in new projects and strong operational metrics are driving increased optimism among market analysts.

The positive momentum has not gone unnoticed by research teams. A succession of analyst upgrades throughout August and September reflects growing confidence in Regency Centers’ trajectory.

Recent analyst revisions include:
* Wells Fargo: Increased its target to $81 from $79 on August 27, maintaining an “Overweight” rating
* Barclays: Lifted its price objective to $79 from $77 on August 27, with an “Equal-Weight” recommendation
* Mizuho: Raised its target to $77 from $74 on August... Read more...