Brixmor Property Analysts Raise Their Forecasts After Q2 Results - Brixmor Property Group (NYSE:BRX)

Brixmor Property Group (NYSE:BRX) reported upbeat sales for the second quarter on Monday.The company posted quarterly FFO of $0.58 per share which met the analyst consensus estimate. The company reported quarterly sales of $353.892 million which beat the analyst consensus estimate of $353.221 million.Brixmor Property Group raised its FY2026 FFO guidance from $2.34-$2.37 to $2.35-$2.37.Brixmor Property shares fell 0.4% to trade at $32.22 on Tuesday.These analysts made changes to their price targets on Brixmor Property following earnings announcement.

Evercore ISI Group analyst Samir Khanal maintained the stock with an Outperform rating and raised the price target from $35 to $36.

Stifel analyst Simon Yarmak maintained the stock with a Hold and raised the price target from $31 to $34.