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JP Morgan Downgrades First Industrial Realty to Neutral, Cuts Target to $60

JP Morgan lowered its price target from $74 to $60. The new target implies 9.1% upside from the Oct. 29 close of $54.99.

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SquawkNews Desk 1 updates Updated Oct 30, 2026, 01:17 PM UTC

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01:17:18 PM UTC
SquawkNews
First Industrial Cut to Neutral From Overweight by JP Morgan

JP Morgan downgraded First Industrial Realty to Neutral from Overweight and lowered its price target to $60 from $74, an 18.9% decrease.The price target implies an upside of 9.1% from the Oct 29 close of $54.99.Recent analyst actions on First Industrial RealtyAcross the four most recent analyst not…

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