REXR Maintained by Scotiabank -- Price Target Raised to $40
Scotiabank maintained a 'Sector Outperform' rating for Rexford Industrial Realty (REXR) and raised its price target to $40. The company, a REIT focused on industrial properties in Southern California, has a market cap of $8.28 billion. According to GuruFocus, REXR is 10.5% undervalued with a GF Score of 91/100, indicating strong performance in profitability and growth.


