EF Hutton Reiterates Buy on CTO Realty Growth, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese has reiterated a Buy rating on CTO Realty Growth (NYSE:CTO) and maintained a $20 price target for the company's stock.
January 05, 2024 | 6:11 pm
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POSITIVE IMPACT
EF Hutton analyst Michael Albanese reaffirmed a Buy rating on CTO Realty Growth and kept the price target at $20, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst like Michael Albanese can instill confidence in investors and potentially lead to a positive short term impact on CTO Realty Growth's stock price. The maintained price target suggests that the analyst believes the stock has the potential to reach or maintain this level, which could influence investor sentiment and trading behavior.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100