Core Insights - Two stocks in the real estate sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] Company Summaries - Curbline Properties Corp. (NYSE:CURB): - Upgraded from Equal-Weight to Overweight by Morgan Stanley analyst Ronald Kamdem with a price target of $27 - Stock gained approximately 7% over the past month, reaching a 52-week high of $25.69 - RSI Value is 73.9, indicating overbought conditions - Recent price action shows shares rose 3.2% to close at $24.23 [3][6] - Essential Properties Realty Trust Inc (NYSE:EPRT): - Initiated coverage with a Buy rating by Berenberg analyst Kai Klose, with a price target of $36 - Stock gained around 6% over the past five days, achieving a 52-week high of $34.88 - RSI Value is 72.4, also indicating overbought conditions - Recent price action shows shares gained 0.8% to close at $31.63 [4][6]
Top 2 Real Estate Stocks That May Crash This Month - Curbline Properties (NYSE:CURB), Essential Properties (NYSE:EPRT)