Cantor Fitzgerald initiates Broadstone Net coverage with Overweight rating, PT $21.

Cantor Fitzgerald initiates Broadstone Net coverage with Overweight rating, PT $21.

Cantor Fitzgerald has initiated coverage on Broadstone Net Lease, Inc. (NYSE: BNL) with an Overweight rating and a price target of $21. The rating is based on a weighted average of the company's Global Valuation, EPS Revisions (4 months), and Visibility (Composite) metrics Cantor Fitzgerald Initiates Broadstone Net Lease at Overweight With $21 Price Target^[1].

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease Real Estate Investment Trust (REIT) that invests in primarily single-tenant commercial real estate properties net leased on a long-term basis to a diversified group of tenants. As of June 30, 2025, the company's diversified portfolio consisted of 766 individual net leased commercial properties, with 759 properties located in 44 U.S. states and seven properties located in four Canadian provinces across industrial, retail, and other property types Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering^[2].

The Overweight rating from Cantor Fitzgerald indicates a favorable outlook on the company's future performance. The rating takes into account the company's strong fundamental credit analysis and prudent real estate underwriting, as well as its diversified portfolio and stable cash flows. However, investors should be mindful of the risks associated with the real estate sector, including market fluctuations and potential changes in tenant occupancy and lease terms.

Broadstone Net Lease recently announced the completion of its public offering of $350 million aggregate principal amount of 5.000% senior unsecured notes due 2032. The notes were priced at 99.151% of the principal amount and will mature on November 1, 2032. The company intends to use a portion of the net proceeds from the offering to fund potential acquisition opportunities, repay amounts outstanding under its $1 billion revolving credit facility, and for other general corporate and working capital purposes Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering^[2].

Investors interested in Broadstone Net Lease should carefully review the associated descriptions and risk factors outlined in the company's filings with the Securities and Exchange Commission (SEC). The company's forward-looking statements should be considered with caution, as actual results may vary materially from those indicated or anticipated by such statements Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering^[2].