B. Riley Securities Downgrades Green Brick Partners to Neutral, Announces $62 Price Target
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Alex Rygiel downgraded Green Brick Partners (NYSE:GRBK) from Buy to Neutral and announced a $62 price target.
June 26, 2023 | 11:55 am
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Green Brick Partners (GRBK) has been downgraded from Buy to Neutral by B. Riley Securities, with a $62 price target.
The downgrade from Buy to Neutral by B. Riley Securities indicates a less optimistic outlook for Green Brick Partners. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating.
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