RBC Capital Initiates Coverage On Safehold with Outperform Rating, Announces Price Target of $41
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kenneth Lee has initiated coverage on Safehold (NYSE:SAFE) with an Outperform rating and a price target of $41.
June 30, 2023 | 9:17 am
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Safehold has been given an Outperform rating by RBC Capital, with a price target of $41.
The Outperform rating from RBC Capital indicates that they expect Safehold to do better than the market average. This positive outlook, coupled with a price target of $41, suggests potential upside for the stock. This news is likely to be seen positively by investors and could drive the stock price up in the short term.
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