Why Federal Realty Investment Trust Stock Slumped Almost 17% in June

·2 min read

Shares of Federal Realty Investment Trust (NYSE: FRT) tumbled 16.7% in June, according to data provided by S&P Global Market Intelligence. Analysts are becoming more cautious about the shopping center-focused real estate investment trust's (REIT) near-term upside potential. Several analysts adjusted their price targets on Federal Realty last month.

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