Goldman Sachs Maintains Buy on Safehold, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows has reaffirmed a Buy rating on Safehold (NYSE:SAFE) and increased the price target from $22 to $25, indicating a positive outlook on the company's stock.
December 01, 2023 | 3:13 pm
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Goldman Sachs analyst Caitlin Burrows maintains a Buy rating on Safehold and raises the price target from $22 to $25, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Caitlin Burrows from Goldman Sachs typically signals a strong conviction in the company's potential for growth and profitability. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100