RBC Capital Maintains Sector Perform on EastGroup Props, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll has maintained a 'Sector Perform' rating on EastGroup Properties (EGP) and increased the price target from $180 to $190.
February 16, 2024 | 5:30 pm
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RBC Capital has maintained a 'Sector Perform' rating on EastGroup Properties and raised the price target from $180 to $190.
The increase in price target by RBC Capital suggests a positive outlook on EastGroup Properties' stock performance in the short term. This adjustment reflects an expectation of stronger financial health or growth prospects for the company. Investors may view this as a bullish signal, potentially leading to an increase in stock price.
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