Goldman Sachs Maintains Buy on Phillips Edison, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows maintains a Buy rating on Phillips Edison (NASDAQ:PECO) and raises the price target from $39 to $44.
August 08, 2023 | 2:40 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Phillips Edison and raises the price target from $39 to $44, which could positively impact the stock's price.
The raised price target by Goldman Sachs indicates a positive outlook for Phillips Edison. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100