Goldman Sachs Initiates Coverage On Terreno Realty with Neutral Rating, Announces Price Target of $65
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Caitlin Burrows has initiated coverage on Terreno Realty (NYSE:TRNO) with a Neutral rating and a price target of $65.
July 11, 2023 | 9:03 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Terreno Realty with a Neutral rating and a price target of $65.
The initiation of coverage by Goldman Sachs, a major investment bank, is a significant event for Terreno Realty. The Neutral rating suggests that Goldman Sachs does not expect the stock to outperform the market in the short term, but the price target of $65 indicates a potential upside from the current price. This could have a neutral to slightly positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100