Keefe, Bruyette & Woods Maintains Market Perform on Tricon Residential, Raises Price Target to $11.25-Report Released on 19 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jade Rahmani has maintained a 'Market Perform' rating on Tricon Residential (NYSE:TCN) and increased the price target from $9.5 to $11.25.

January 22, 2024 | 6:30 pm
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Tricon Residential's price target has been raised from $9.5 to $11.25 by Keefe, Bruyette & Woods, maintaining a 'Market Perform' rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting that the firm believes Tricon Residential has the potential to grow and reach the new target. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100