Mizuho Maintains Buy on Brixmor Property Group, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste has maintained a Buy rating on Brixmor Property Group (NYSE:BRX) but has reduced the price target from $24 to $22.

December 01, 2023 | 12:15 pm
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NEUTRAL IMPACT
Mizuho analyst reaffirms a Buy rating on Brixmor Property Group but lowers the price target to $22.
While the reduction in price target could suggest a more conservative outlook on the stock's value, the maintenance of a Buy rating indicates that the analyst still sees positive potential in BRX. This mixed signal may lead to a neutral short-term impact on the stock price as investors digest both the positive rating and the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100