B. Riley Securities Maintains Buy on Safehold, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matthew Howlett maintains a 'Buy' rating on Safehold (NYSE:SAFE) but lowers the price target from $44 to $40.
September 06, 2023 | 12:38 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a 'Buy' rating on Safehold but lowers the price target from $44 to $40.
The news is directly related to Safehold (NYSE:SAFE). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term growth expectation for the company. However, the impact on the stock price is uncertain as the 'Buy' rating still indicates a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100