Craig-Hallum Maintains Hold on Innovative Ind Props, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Eric Des Lauriers maintains a Hold rating on Innovative Industrial Properties (IIPR) and raises the price target from $80 to $100.

March 07, 2024 | 4:54 pm
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Craig-Hallum analyst Eric Des Lauriers maintains a Hold rating on Innovative Industrial Properties and raises the price target from $80 to $100.
The increase in price target from $80 to $100 by Craig-Hallum indicates a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term rise in stock price. However, the Hold rating suggests that the analyst sees the stock as fairly valued at its current price, which might temper the immediate impact of the price target increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100