Rating Change
Raymond James reiterated its Outperform rating on First Industrial Realty Trust, Inc. (NYSE:FR) on October 23, 2026.
reiterateNYSE:FR
Raymond James Reiterates Outperform Rating on First Industrial Realty Trust, Inc. (FR)
Raymond James reiterated its Outperform rating on First Industrial Realty Trust, Inc. (NYSE:FR) on October 23, 2026.
At publication ·
What changed
First Industrial Realty Trust, Inc. (NYSE:FR) · reiterate
- Firm
- Raymond James
- Rating
- Strong Buy to Outperform
- Price at event
- $54.81
- Market capitalization
- $7.8B
At a glance
Key takeaways
- Raymond James reiterated an Outperform rating on First Industrial Realty Trust (FR) on October 23, 2026, with the stock trading at $54.81 and a market cap of $7.8 billion.
Market Context
First Industrial Realty Trust, Inc. operates in the Real Estate sector. The stock currently trades at $54.81 with a market capitalization of $7.8B. The stock has declined 0.4% over the past 52 weeks.
Analyst coverage from Raymond James provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for First Industrial Realty Trust, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for First Industrial Realty Trust, Inc.
Among the 10 most recent ratings: 5 Buy, 5 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 23, 2026 | Raymond James | Outperform | N/A |
| Sep 01, 2026 | Wells Fargo | Equal-Weight | N/A |
| Aug 12, 2026 | Scotiabank | Sector Perform | N/A |
| Aug 03, 2026 | RBC Capital | Outperform | N/A |
| Jul 29, 2026 | Baird | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View FR Stock Page
Frequently Asked Questions
What does the Outperform rating mean for FR?
A rating of Outperform from Raymond James reflects the analyst's outlook on First Industrial Realty Trust, Inc. (NYSE:FR). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FR forecast page.