Terreno Realty Corporation (TRNO) was Reiterated by Compass Point to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 25 from a previous price target of $23 . Compass Point advised their investors in a research report released on Jul 28, 2016.
Terreno Realty Corporation opened for trading at $26.79 and hit $27.56 on the upside on Thursday, eventually ending the session at $27.21, with a gain of 1.42% or 0.38 points. The heightened volatility saw the trading volume jump to 2,78,579 shares. Company has a market cap of $1,183 M.
In a different news, on Sep 2, 2015, Douglas M Pasquale (director) purchased 3,500 shares at $19.88 per share price.
Terreno Realty Corporation (Terreno) acquires owns and operates industrial real estate located in six coastal United States markets: Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area and Washington D.C./Baltimore. The Company is engaged in the activities related to investing in real estate. The Company invests in several types of industrial real estate including warehouse or distribution; flex which include light industrial and research and development (R&D) and trans-shipment. The Company owns approximately126 buildings aggregating approximately nine million square feet and two improved land parcels which consist of approximately three acres.