Broadstone Net Lease Shares Soar Following Upgrade from KeyBanc

Tuesday, Aug 19, 2025 3:13 pm ET1min read

Broadstone Net Lease's shares have risen after an upgrade from KeyBanc. The industrial-focused REIT invests in single-tenant commercial properties leased on a long-term basis to a diversified group of tenants. Its portfolio includes 796 properties with 38.3 million rentable square feet of operational space across 44 US states and four Canadian provinces. The properties are occupied by over 220 different commercial tenants across 53 industries.

Broadstone Net Lease, Inc. (BRL) has seen its shares rise after being upgraded to "overweight" by KeyBanc, with a price target of $20 per share [1]. The industrial-focused REIT specializes in single-tenant commercial real estate properties leased on a long-term basis to a diverse group of tenants. Its portfolio includes 796 properties with 38.3 million rentable square feet of operational space across 44 U.S. states and four Canadian provinces [1].

The REIT's portfolio is occupied by over 220 different commercial tenants operating 208 different brands across 53 industries. This diversification helps mitigate risk, as the company is not overly reliant on any single tenant or industry. The properties include industrial, healthcare, restaurant, retail, and commercial office spaces, providing a broad range of investment opportunities.

KeyBanc's upgrade reflects a positive outlook on Broadstone Net Lease's financial performance and prospects. The REIT's focus on single-tenant properties and long-term lease agreements offers a stable source of income for investors. The upgrade also highlights the company's ability to manage risk effectively, given its diversified portfolio.

While the upgrade is positive, investors should also consider other factors, such as the current economic climate and potential market fluctuations. As with any investment, it's crucial to conduct thorough research and consider seeking professional advice.

References:
[1] https://www.marketscreener.com/news/keybanc-upgrades-broadstone-net-lease-to-overweight-from-sector-weight-price-target-is-20-ce7c51ddd98dff20

Broadstone Net Lease Shares Soar Following Upgrade from KeyBanc

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