Goldman Sachs Maintains Buy on Safehold, Raises Price Target to $29
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 $25 to $29.
January 11, 2024 | 1:38 pm
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Goldman Sachs analyst Caitlin Burrows maintains a Buy rating on Safehold and raises the price target to $29, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Caitlin Burrows from Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100