• Raymond James reinstated coverage of First Industrial Realty Trust Inc (FR) on June 17, 2026, with a "Strong Buy" rating and an ambitious price target of $83 per share.
  • The positive outlook is rooted in the firm's confidence in the sustainability of the company's favorable mark-to-market position, paired with anticipated leasing opportunities on the horizon.
  • The stock is trading 8.4% up at $65.80 in after-hours trading, extending a rebound after several days of mild declines.