03:35 PM EDT, 07/25/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our target at $185, on a forward P/FFO of 18.9x our 2026 FFO view, a premium to industrial peers. We leave our 2025 FFO estimate of $8.95 unchanged and raise our 2026 FFO by $0.07 to $9.77. We continue to see EGP's focus on shallow bay facilities as a differentiating factor vs. peers, highlighted by the stronger leasing demand for over 50K-sqft spaces over the last year. Similar to other industrial REITs, commentary there seems to be a bifurcation between small tenant demand that is healthy and enterprise expansion demand that has stalled post tariffs. Management commented on how tariffs have created decision-making paralysis, noting several leases reaching signature stage before being put on a corporate hold. However, management believes markets are becoming numb to tariffs, noting a gradual improvement in leasing near the end of June and into July. We now believe longer lease-up timelines (16 months vs 6-7 months) will persist through the end of 2025, hurting capital velocity near term.