Piper Sandler Maintains Overweight on SL Green Realty, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on SL Green Realty (NYSE:SLG) but reduced the price target from $46 to $41.
November 10, 2023 | 9:56 pm
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Piper Sandler has maintained an Overweight rating on SL Green Realty but lowered the price target from $46 to $41, indicating a potential downside compared to the previous target.
The reduction in price target by Piper Sandler suggests a less optimistic valuation of SL Green Realty, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100