Compass Point Downgrades Innovative Ind Props to Neutral, Announces $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has downgraded Innovative Industrial Properties (NYSE:IIPR) from Buy to Neutral and set a price target of $95.
September 05, 2023 | 10:04 am
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Innovative Industrial Properties' stock has been downgraded to Neutral from Buy by Compass Point, with a price target of $95.
The downgrade from Buy to Neutral by Compass Point indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term. The price target of $95 also provides a benchmark for investors.
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