Piper Sandler Maintains Neutral on Centerspace, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has maintained a Neutral rating on Centerspace (NYSE:CSR) but reduced the price target from $65 to $57.
November 10, 2023 | 9:49 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Centerspace but lowered the price target from $65 to $57, indicating a potential downside based on the analyst's view.
The reduction in price target by Piper Sandler suggests that the analyst sees less upside potential for Centerspace's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100