Friday, 23 February 2024

Business News

Rexford Industrial Realty, Inc. Is Worried About This – Should You Be Worried Too? – TipRanks Financial Blog

RBC Capital Sticks to Their Hold Rating for PotlatchDeltic (PCH) – TipRanks Financial Blog

Rexford Industrial Realty, Inc. (REXR) has disclosed a new risk, in the Debt & Financing category.

Rexford Industrial Realty, Inc., a company with significant exposure to the financial services industry, faces a substantial risk should its banking partners encounter liquidity issues, defaults, or non-performance. Exceeding FDIC insurance limits, the firm’s deposits are vulnerable to bank failures, as seen with the recent collapse of Silicon Valley Bank. Although Rexford did not directly suffer from this particular incident, the event highlights systemic risks that could impair the company’s liquidity and financial stability. Furthermore, if tenants or business partners are impeded by similar financial constraints, Rexford’s operational cash flows and revenue streams could be detrimentally impacted.

The average REXR stock price target is $60.78, implying 16.13% upside potential.

To learn more about Rexford Industrial Realty, Inc.’s risk factors, click here.

Click Here to Read the Full Original Article at TipRanks Financial Blog…