Barclays Maintains Overweight on Independence Realty Trust, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Independence Realty Trust (NYSE:IRT) but lowers the price target from $24 to $22.
May 31, 2023 | 9:41 am
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Independence Realty Trust (NYSE:IRT) but lowers the price target from $24 to $22.
The news of Barclays maintaining an Overweight rating on Independence Realty Trust indicates a positive outlook for the company. However, the lowering of the price target from $24 to $22 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100