BUZZ-Truist says Essential Properties in good position for more acquisitions, raises PT

Reuters10-03 21:21

** Truist Securities raises Essential Properties Realty Trust's PT to $36 from $33 and maintains "buy" rating

** New PT represents a ~10% upside to stock's last close

** Brokerage says EPRT in good position for more acquisitions and strong liquidity that can support co's growth strategy for next year

** 14 of 16 brokerages rate the stock "buy" or higher and 2 "hold"; median PT is $34 - LSEG

** As of last close, EPRT up 28% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com))

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