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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
Aime SummaryOn July 18, 2025,
experienced a significant drop of 22.88% in pre-market trading, sparking concerns among investors and analysts alike.Analysts from
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.
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