EF Hutton Maintains Buy on CTO Realty Growth, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese maintains a 'Buy' rating on CTO Realty Growth (NYSE:CTO) but has lowered the price target from $23 to $20.

October 27, 2023 | 2:35 pm
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NEUTRAL IMPACT
CTO Realty Growth's price target has been lowered from $23 to $20 by EF Hutton, though the 'Buy' rating is maintained.
The news directly pertains to CTO Realty Growth as the company's price target has been revised by EF Hutton. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or a reassessment of the company's value. This could have a neutral impact on the stock's price in the short term as the positive 'Buy' rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100