RBC Capital Maintains Outperform on Independence Realty Trust, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains an Outperform rating on Independence Realty Trust (NYSE:IRT) and raises the price target from $16 to $17.
February 16, 2024 | 5:36 pm
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RBC Capital analyst Brad Heffern maintains an Outperform rating on Independence Realty Trust and raises the price target from $16 to $17.
The upgrade in price target by a reputable analyst like Brad Heffern from RBC Capital is a strong positive signal for Independence Realty Trust. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100