Jefferies raised the firm's price target on InvenTrust Properties to $33 from $32 and keeps a Buy rating on the shares as part of a broader research note previewing 2026 for Retail REITs. The firm sees retail as "well positioned" with a strong lease backlog starting in FY26-27 while supporting net operating income growth, the analyst tells investors in a research note. Jefferies adds that InvenTrust offers a strong balance sheet with leverage well below the long-term target combined with ample liquidity from cash on hand, and that the Sunbelt focus should lead to slightly higher growth relative to peers supported by strong demographics.