TRNO Price Prediction Next Week
TRNO Stock Price Prediction and Recommendation
Based on the analysis of news sentiment and technical indicators, here is the prediction for TRNO's stock price for the next trading week:
Fundamental Analysis Highlights:
- Goldman Sachs Upgrade: TRNO was upgraded to Buy with a price target of $77, highlighting improving fundamentals and strong tenant interest post-election.
- Recent Price Action: TRNO is currently trading at $62.48, showing pre-market gains of +2.07% but a slight decline of -0.33% in regular trading.
Technical Analysis:
- RSI (6-period): 19.57, indicating oversold conditions, suggesting a potential rebound.
- MACD: Slightly negative but showing signs of convergence, which could signal a bullish crossover soon.
- Fibonacci Levels: Pivot at $65.97, with resistance at $68.53 (R1) and support at $63.42 (S1).
Price Prediction:
- Target Price: $68.53
- Recommendation: Buy TRNO as it is expected to rebound from oversold levels, targeting the Fibonacci resistance level.
Graphical Components:
This analysis combines positive fundamental news with oversold technical indicators, suggesting a bullish move in the short term.
TRNO Similar Chart Price Prediction
The price of TRNO is predicted to go up 9.31%, based on the high correlation periods with GTY. The similarity of these two price pattern on the periods is 92.5%.
TRNO
GTY
Up: 9.31%Similarity: 92.5%
TRNO Revenue Forecast
TRNO EPS Forecast
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TRNO Analyst's Forecast
Brendan Lynch
Barclays
Hold
2025-03-25
Price Target
$60 → $57
Downside
-9.58%
Barclays lowered the firm's price target on Terreno Realty to $57 from $60 and keeps an Equal Weight rating on the shares. The firm says that given heightened uncertainty related to tariffs, inflation and economic weakness, it remains cautious on industrial real estate investment trusts.
Caitlin Burrows
Goldman Sachs
Hold → Strong Buy
2025-02-21
Price Target
$65 → $77
Upside
+14.72%
Omotayo Okusanya
Deutsche Bank
Hold
2025-01-14
Price Target
$60
Upside
+0.54%
