Netstreit Corp

BTIG raised its price target on NETSTREIT Corp. to $24 from $22 while maintaining a Buy rating, citing accelerating acquisition activity as valuation gaps narrow. The firm noted that net lease management teams are increasingly confident in their 2026 investment pace, and NETSTREIT's low cost of capital and strong retained cash flow give it a competitive edge in expanding its portfolio. Earlier, Scotiabank lowered its target to $22 from $23 but kept an Outperform rating, upgrading the net lease subsector to Overweight based on its valuation-versus-growth framework.

NETSTREIT will replace ProAssurance in the S&P SmallCap 600 before trading begins on June 29, according to S&P Dow Jones Indices. The change follows the pending acquisition of ProAssurance by The Doctors Company in an all-cash deal expected to close soon, subject to final closing conditions.