Essential Properties Realty Trust (EPRT) PT Raised to $36 at Stifel

Stifel analyst Simon Yarmak raised the price target on Essential Properties Realty Trust (NYSE: EPRT) to $36.00 (from $28.00) while maintaining a Buy rating.

The analyst commented, "AFFO In Line, Core FFO Beats. Essential Properties Realty Trust reported 3Q AFFO per share of $0.48, +12.0%, in line with our estimate and the Street. 3Q Core FFO per share was $0.52, +8.0%, $0.01 below our estimate and $0.02 above the Street."

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