Truist Securities Maintains Hold on Safehold, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a 'Hold' rating on Safehold (NYSE:SAFE) and lowered the price target from $31 to $24.
August 21, 2023 | 1:37 pm
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NEGATIVE IMPACT
Truist Securities has maintained a 'Hold' rating on Safehold and lowered the price target from $31 to $24.
The lowering of the price target by Truist Securities from $31 to $24 indicates a bearish outlook for Safehold. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100