InterRent Real Estate Investment Trust (IIP.UN) News Today

InterRent Real Estate Investment Trust (TSE:IIP.UN) has seen its shares climb sharply over the past two trading sessions, driven by strong upside momentum and mixed analyst activity. Investors should note the following factors that may be influencing the stock’s recent performance:

• Shares hit a new 12-month high on May 27, underscoring bullish market sentiment.
• Trading up roughly 14.6%–14.8% during the May 27 session, reflecting strong buying interest.
• Raymond James raised its price target to C$14.00 (from C$13.25) in its May 28 note, while moving the rating to “market perform.”
• TD Securities bumped its price objective to C$14.00 (from C$13.50) on May 28, even as it downgraded the rating from “buy” to “hold.”
• National Bankshares set a C$13.55 target and a “sector perform” rating, indicating a neutral stance on near-term upside.
• Analyst downgrades by Raymond James and TD Securities—shifting from outperform/buy to market perform/hold—may temper expectations despite higher price targets.