Raymond James Maintains Outperform Rating for Stag Industrial: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Stag Industrial (NYSE:STAG) and increased its price target from $36.00 to $39.00. Stag Industrial is a real estate investment trust primarily involved in the acquisition and operation of single-tenant industrial properties across the US. The company's shares are currently trading down 1.19% at $36.09 per share.
August 08, 2023 | 5:00 pm
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Raymond James has maintained its Outperform rating for Stag Industrial and raised its price target, indicating a positive outlook for the company.
The maintained Outperform rating and increased price target by Raymond James indicates a positive outlook for Stag Industrial. This could potentially attract more investors, driving up the demand and price of the company's shares in the short term.
CONFIDENCE 90
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RELEVANCE 100