RBC Capital Downgrades Easterly Government Props to Underperform, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
RBC Capital's analyst Michael Carroll has downgraded Easterly Government Props (NYSE:DEA) from Sector Perform to Underperform and lowered the price target from $15 to $13.
August 16, 2023 | 9:51 am
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Easterly Government Props has been downgraded to Underperform by RBC Capital, with a lowered price target of $13.
The downgrade from RBC Capital is likely to negatively impact the stock price of Easterly Government Props in the short term. The lowered price target suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100