Raymond James Maintains Outperform on Allied Properties REIT, Lowers Price Target to $26.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brad Sturges maintains an Outperform rating on Allied Properties REIT (OTC:APYRF) but lowers the price target from $29 to $26.5.
June 22, 2023 | 5:03 pm
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Raymond James maintains an Outperform rating on Allied Properties REIT (OTC:APYRF) but lowers the price target from $29 to $26.5.
The news of Raymond James maintaining an Outperform rating on Allied Properties REIT (OTC:APYRF) is positive for the stock. However, the lowering of the price target from $29 to $26.5 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100