KeyBanc on Terreno Realty Corp (TRNO): 'Growth Is Poised to Accelerate Sharply in 2H26'

KeyBanc analyst Todd M. Thomas reiterated an Overweight rating and $68.00 price target on Terreno Realty Corp (NYSE: TRNO).

The analyst commented: "Refining the Model Following 4Q25 Ops Update; Outlook Steady; We are refining our model following the the Company's 4Q25 operating and investment update last week. We are decreasing both our 2025 and 2026 FFO estimates by $0.01/sh each to $2.77/sh and $2.77/sh, respectively, and we are maintaining our 2027 FFO estimate of $2.90/sh. Leasing in the quarter was steady, marked by a few significant lease transactions as previously disclosed (note here). While there may be volatility in certain KPIs through 1H26 (primarily cash SSNOI growth), growth is poised to accelerate sharply in 2H26. Reiterate OW rating."

For an analyst ratings summary and ratings history on Terreno Realty Corp click here. For more ratings news on Terreno Realty Corp click here.

Shares of Terreno Realty Corp closed at $59.92 yesterday.

You May Also Be Interested In

• Wedbush Starts Aktis Oncology (AKTS) at Outperform
• Mizuho Reiterates Outperform Rating on Meta Platforms (META) amid ongoing trial
• H.C. Wainwright Reiterates Buy Rating on Ascent Solar (ASTI)