Janney Montgomery Scott Downgrades Spirit Realty Cap to Neutral, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott analyst Robert Stevenson has downgraded Spirit Realty Cap (NYSE:SRC) from Buy to Neutral and set a price target of $40.
November 02, 2023 | 3:30 pm
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Spirit Realty Cap has been downgraded from Buy to Neutral by Janney Montgomery Scott, with a new price target of $40.
The downgrade from Buy to Neutral by Janney Montgomery Scott indicates a less optimistic outlook for Spirit Realty Cap. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $40 also provides a benchmark for investors.
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