Jefferies Sticks to Its Buy Rating for NETSTREIT (NTST)

Jefferies analyst reiterated a Buy rating on NETSTREIT today and set a price target of $21.00. The company’s shares closed yesterday at $18.64.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

In addition to Jefferies, NETSTREIT also received a Buy from Berenberg Bank’s Kai Klose in a report issued on October 10. However, yesterday, Bank of America Securities maintained a Hold rating on NETSTREIT (NYSE: NTST).

The company has a one-year high of $19.18 and a one-year low of $13.42. Currently, NETSTREIT has an average volume of 1.36M.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTST in relation to earlier this year. Last month, Mark Manheimer, the President of NTST bought 5,600.00 shares for a total of $100,408.00.