Barclays Maintains Overweight on Regency Centers, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Smotrich maintains an Overweight rating on Regency Centers (NASDAQ:REG) and raises the price target from $70 to $71.
May 19, 2023 | 9:37 am
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Barclays analyst Ross Smotrich maintains an Overweight rating on Regency Centers and raises the price target from $70 to $71.
The news of Barclays maintaining an Overweight rating on Regency Centers and raising the price target from $70 to $71 is positive for the stock. This indicates that the analyst believes the stock will outperform the market, which could lead to an increase in demand and potentially a higher stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100