BTIG Maintains Buy on Global Net Lease, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Michael Gorman maintains a Buy rating on Global Net Lease (NYSE:GNL) but lowers the price target from $19 to $15.
September 18, 2023 | 5:52 pm
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NEUTRAL IMPACT
Despite the lowered price target for Global Net Lease (GNL) from $19 to $15, BTIG analyst Michael Gorman maintains a Buy rating.
The news is directly about Global Net Lease (GNL). The lowered price target might indicate a potential downside, but the maintained Buy rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100