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Piper Sandler Sticks to Their Buy Rating for Brixmor Property (BRX)

In a report released today, Alexander Goldfarb from Piper Sandler reiterated a Buy rating on Brixmor Property (BRXResearch Report), with a price target of $28.00. The company’s shares closed yesterday at $20.03.

According to TipRanks, Goldfarb is ranked #2843 out of 8320 analysts.

Currently, the analyst consensus on Brixmor Property is a Moderate Buy with an average price target of $23.86, which is a 19.12% upside from current levels. In a report released on May 25, Mizuho Securities also maintained a Buy rating on the stock with a $21.00 price target.

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The company has a one-year high of $23.97 and a one-year low of $16.98. Currently, Brixmor Property has an average volume of 2.24M.

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Brixmor Property Group, Inc. operates as real estate investment trust. It owns and operates wholly owned portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.

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