Truist Reaffirms Buy Rating on Piedmont (PDM) After Solid Q3 FFO Performance

Piedmont Office Realty Trust, Inc. (NYSE:PDM) ranks among the best sustainability stocks to invest in. On October 28, Truist Securities reaffirmed its $9 price target and Buy rating for Piedmont Office Realty Trust, Inc. (NYSE:PDM) following the company’s third-quarter earnings report. Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced third-quarter funds from operations (FFO) of $0.35 per share, which exceeded both Truist’s estimate and the consensus projection of $0.34. The company also adjusted i ...