JonesTrading Maintains Buy on CTO Realty Growth, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JonesTrading analyst Matthew Erdner maintains a Buy rating on CTO Realty Growth (NYSE:CTO) but has lowered the price target from $25 to $21.

October 30, 2023 | 8:41 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CTO Realty Growth's price target has been lowered from $25 to $21 by JonesTrading, though the Buy rating is maintained.
The lowering of the price target by JonesTrading could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Buy rating indicates that the analyst still sees potential in the company, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100