Mizuho Maintains Neutral on SITE Centers, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste has maintained a Neutral rating on SITE Centers (NYSE:SITC) but has lowered the price target from $15 to $11.
December 01, 2023 | 12:17 pm
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NEGATIVE IMPACT
Mizuho analyst Haendel St. Juste maintains a Neutral stance on SITE Centers but reduces the price target from $15 to $11, indicating a potential downside or limited upside.
The reduction in price target by a notable analyst could lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The Neutral rating suggests that the analyst does not see significant upside potential, further supporting the likelihood of a negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100