JMP Securities Upgrades Plymouth Industrial REIT to Market Outperform, Announces $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Mitch Germain upgraded Plymouth Industrial REIT (NYSE:PLYM) from Market Perform to Market Outperform and set a price target of $27.
January 22, 2024 | 10:36 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Plymouth Industrial REIT was upgraded by JMP Securities from Market Perform to Market Outperform with a new price target of $27.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a better outlook for the company. The new price target of $27 indicates a potential upside from the current trading price, which may attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100