Broadstone Net Lease (BNL) is reiterated as a Buy, supported by strong assets, an attractive valuation, and a peer-leading and recently growing dividend yield. BNL's robust build-to-suit pipeline fuels near-term growth, with most projects commencing in 2026–2027, providing visibility into future AFFO increases. 2026 AFFO guidance is $1.53–$1.57 per share, with $500M–$625M in acquisitions planned, and a prudent, self-funded investment approach amid market weakness.