Mizuho Maintains Buy on Brixmor Property Group, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste maintains a Buy rating on Brixmor Property Group (NYSE:BRX) but lowers the price target from $24 to $21.
May 25, 2023 | 11:35 am
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NEUTRAL IMPACT
Mizuho analyst maintains Buy rating on Brixmor Property Group (BRX) but lowers price target from $24 to $21.
The news of Mizuho maintaining a Buy rating on Brixmor Property Group (BRX) is positive for the stock. However, the lowering of the price target from $24 to $21 may create some uncertainty among investors, potentially offsetting the positive impact of the Buy rating. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100