Rexford Industrial Realty (REXR) Tops Q1 FFO by 1c

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Jefferies Remains Bullish on Rexford Industrial Realty (REXR) Following Beat and Raise

May 5, 2016 9:10 AM EDT

Jefferies reiterated a Buy rating on Rexford Industrial Realty (NYSE: REXR), and raised the price target to $22.00 (from $21.00), following the company's 1Q earnings report. REXR reported Core FFO of $0.22, which beat the street estimates of $0.21. Management increased 2016 FFO guidance to $0.85-0.88, from... More