B of A Securities Maintains Buy on Regency Centers, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jeffrey Spector maintains a 'Buy' rating on Regency Centers (NASDAQ:REG) but lowers the price target from $79 to $74.
August 22, 2023 | 1:48 pm
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NEUTRAL IMPACT
Regency Centers' price target has been lowered from $79 to $74 by B of A Securities, though the 'Buy' rating is maintained.
The lowering of the price target might indicate a potential downside for the stock, but the maintained 'Buy' rating suggests that the analyst still sees value in the company. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100