Terreno Realty Corporation (TRNO) was Reiterated by Wunderlich to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 29.50 from a previous price target of $25.50 . Wunderlich advised their investors in a research report released on Jul 28, 2016.
Many Wall Street Analysts have commented on Terreno Realty Corporation. Company shares were Reiterated by Compass Point on Jul 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 25 from a previous price target of $23 .
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.