12:10 PM EDT, 09/12/2025 (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 increase our 12-month target price by $10 to $50, applying a forward P/FFO multiple of 19.4x on our 2026 FFO estimate, a discount to the three-year-forward average of 21.7x and three-year-forward industrial peer average of 20.7x. We maintain our 2025 and 2026 FFO estimates. Since the end of Q2, REXR has repurchased $100 million in stock, sold two small properties for $32M, and repaid $100M in debt. Leasing has also improved as REXR leased 1.9M sqft in July and August, on pace for the strongest leasing quarter this year (vs. 6.0M sqft YTD through August). Comparable cash rental re-leasing growth was 15% in the first two months of Q3, up from 13% in 1H 2025, as the market continues to recover. We continue to see a valuation discount in this space, with fundamentals improving in the Southern California in-fill market as vacancy rates normalize with our rental growth outlook improving.