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Why Did Phillips Edison Plunge 22.88%? Analysts Revise Outlook

Generated by AI AgentAinvest Pre-Market Radar

Friday, Jul 18, 2025 8:19 am ET1min read

PECO--

Aime Summary

- Phillips Edison's shares fell 22.88% pre-market on July 18, 2025, triggering investor anxiety.

- Wells Fargo cut PECO's price target to $36 from $37, maintaining "equal weight" amid cautious near-term outlook.

- PriceTargets.com similarly reduced PECO's target to $37, reinforcing conservative expectations for stock performance.

On July 18, 2025, Phillips EdisonPECO-- experienced a significant drop of 22.88% in pre-market trading, sparking concerns among investors and analysts alike.

Analysts from Wells Fargo & CompanyWFC-- have revised their outlook on Phillips Edison & Company, Inc. (PECO), lowering their price target from $37.00 to $36.00 while maintaining an "equal weight" rating. This adjustment reflects a cautious stance on the company's near-term prospects, potentially contributing to the recent market volatility.

Additionally, PriceTargets.com has updated its analyst ratings, adjusting the price target for PECO from $38.00 to $37.00. This revision, along with the "equal weight" rating, suggests a more conservative view on the stock's future performance, which may have influenced the recent market sentiment.

Ainvest Pre-Market Radar

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