Compass Point Downgrades NewLake Capital Partners to Neutral, Announces $15.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has downgraded NewLake Capital Partners (OTC:NLCP) from Buy to Neutral and set a price target of $15.5.
September 05, 2023 | 10:05 am
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NewLake Capital Partners has been downgraded from Buy to Neutral by Compass Point, with a new price target of $15.5.
The downgrade from Buy to Neutral by Compass Point indicates a less optimistic outlook for NewLake Capital Partners. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $15.5 also provides a benchmark for investors.
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