These Analysts Increase Their Forecasts On Netstreit Following Q3 Results

Core Insights - NetSTREIT Corp reported better-than-expected third-quarter results, with quarterly FFO of 33 cents per share, surpassing the analyst consensus estimate of 32 cents per share [1] - The company achieved quarterly sales of $48.308 million, exceeding the analyst consensus estimate of $46.223 million [1] - NetSTREIT affirmed its FY2025 FFO guidance of $1.29-$1.31 per share [1] Financial Performance - The CEO highlighted strong execution in Q3, achieving record gross investment volume and raising over $690 million in capital [2] - The company is ahead of its year-end diversification goals and has a lowly levered balance sheet with over $1.1 billion in available liquidity [2] - Despite positive results, NetSTREIT shares fell 3.4% to $18.88 following the announcement [2] Analyst Ratings and Price Targets - Analysts have adjusted their price targets for NetSTREIT following the earnings announcement [3] - Baird analyst Wesley Golladay maintained an Outperform rating and raised the price target from $20 to $21 [5] - Stifel analyst Simon Yarmak maintained a Buy rating and also raised the price target from $20 to $21 [5]