TRNO Price Prediction Next Week
Analysis and Insights
Fundamental Analysis:
Terreno Realty (TRNO) has received positive analyst ratings recently. Goldman Sachs upgraded TRNO to Buy with a price target of $77, citing improving industrial absorption and strong market positioning. JMP Securities also maintained a Buy rating with a $72 target. The average analyst consensus suggests a Hold rating with a $66.92 price target.
Technical Analysis:
The stock is currently trading at $68.82, with a one-year high of $71.63 and a low of $53.78. Key technical indicators show:
- RSI (14): 64.88, indicating a neutral position.
- MACD: Showing a bullish signal with a value of 0.99.
- Fibonacci Levels: Resistance at $68.73 and $69.31, with support at $66.85 and $66.27.
Market Outlook:
Analysts predict improved industrial absorption in 2025, positioning TRNO for growth. The stock has shown resilience with a 1.29 million average trading volume.
Conclusion:
Based on the positive analyst upgrades and favorable technical indicators, TRNO is expected to rise. The price target is $70.00 for the next trading week. Buy is recommended as the stock is likely to break through resistance levels.
TRNO Similar Chart Price Prediction
The price of TRNO is predicted to go up 0.21%, based on the high correlation periods with FRAF. The similarity of these two price pattern on the periods is 95.77%.
TRNO
FRAF
Up: 0.21%Similarity: 95.77%
TRNO Revenue Forecast
TRNO EPS Forecast
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TRNO Analyst's Forecast
Caitlin Burrows
Goldman Sachs
Hold → Strong Buy
2025-02-21
Price Target
$65 → $77
Upside
+14.72%
Goldman Sachs analyst Caitlin Burrows upgraded Terreno Realty to Buy from Neutral with a price target of $77, up from $65, following the Q4 report. The firm now forecasts 9% average annual growth for Terreno over each of 2025 through 2027, which is the highest across its real estate investment trust coverage. Terreno benefits from improving absorption across the sector and company-specific drivers including accretive acquisitions in late 2024 plus expectations for 2025, no near-term refinance headwinds, and infill locations that are currently prioritizing rate over occupancy, the analyst tells investors in a research note.
Omotayo Okusanya
Deutsche Bank
Hold
2025-01-14
Price Target
$60
Upside
+0.54%
Brendan Lynch
Barclays
Buy → Hold
2025-01-13
Price Target
$68 → $60
Upside
+2.15%
