Stifel Maintains Hold Rating for Brixmor Property Group: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Hold rating for Brixmor Property Group (NYSE:BRX) and increased its price target from $22.75 to $24.00. Despite a recent 3.02% drop in share price to $21.87, the new target suggests a potential 9.74% increase. Brixmor, a US-based REIT, operates grocery-anchored shopping centers.
February 13, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stifel maintains a Hold rating on Brixmor Property Group, raising the price target to $24, indicating a potential 9.74% increase from the current price.
The increase in price target by Stifel reflects a positive outlook on Brixmor Property Group's future performance, potentially leading to increased investor confidence and a rise in stock price. The Hold rating suggests stability, while the target increase indicates growth potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100