Mizuho Maintains Buy on Essential Props Realty, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta maintains a Buy rating on Essential Properties Realty Trust (EPRT) but lowers the price target from $27 to $26.

March 07, 2024 | 11:50 am
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Mizuho analyst maintains a Buy rating on Essential Properties Realty Trust but lowers the price target from $27 to $26.
The adjustment in price target by Mizuho reflects a slight moderation in their valuation outlook for EPRT, possibly due to market conditions or company-specific factors not detailed in the article. However, maintaining a Buy rating indicates a continued positive outlook on the company's fundamentals. The impact on the stock price may be neutral to slightly negative in the short term as the market digests the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100