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JPMorgan Adjusts Price Target on Regency Centers to $83 From $76, Maintains Neutral Rating
JPMorgan has increased its price target for Regency Centers (REG) to $83 from $76, while maintaining a Neutral rating on the stock. This adjustment comes amidst other analyst updates for Regency Centers, with Truist Securities, Barclays, and BMO Capital also revising their price targets for the commercial REIT. Regency Centers specializes in owning and managing commercial property assets, primarily shopping centers.