On September 21, 2026, Morgan Stanley upgraded NNN REIT (NYSE: NNN) from “Equal-Weight” to “Overweight” following a previous downgrade on July 20, 2026. On the day of the upgrade, shares closed at $41.61, showing a slight increase from $41.55 on September 18, 2026.
The upgrade coincided with additional analyst actions, including Evercore ISI Group maintaining an “In-Line” rating and Barclays retaining an “Underweight” rating. As of September 1, 2026, the recommendation distribution for NNN REIT included 1 strong buy, 2 buy, 15 hold, 7 sell, and 1 strong sell, totaling 26 ratings. The current consensus target price stood at $48.96, reflecting no change since August 28, 2026.
In its latest earnings report on August 5, 2026, NNN REIT reported earnings per share (EPS) of $0.52, slightly exceeding estimates, and generated revenue of $244.27 million, compared to an expected $243.00 million. The stock experienced a 4.91% decline over the past week and a 9.21% drop over the past month.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
