Mizuho Maintains Buy on Paramount Group, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra maintains a Buy rating on Paramount Group (NYSE:PGRE) but lowers the price target from $7 to $6.
October 18, 2023 | 4:55 pm
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NEUTRAL IMPACT
Mizuho analyst maintains a Buy rating on Paramount Group but lowers the price target from $7 to $6.
The news is directly about Paramount Group. Mizuho's lowered price target could indicate a potential downside, but the maintained Buy rating suggests that the analyst still sees value in the stock. This mixed signal might lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100