Jefferies Maintains Hold on SITE Centers, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Petersen maintains a Hold rating on SITE Centers (NYSE:SITC) and raises the price target from $13 to $15.

March 07, 2024 | 8:07 pm
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Jefferies maintains a Hold rating on SITE Centers and raises the price target from $13 to $15.
The increase in price target by Jefferies from $13 to $15, while maintaining a Hold rating, suggests a positive outlook on SITE Centers' future performance without a strong conviction to upgrade to Buy. This adjustment reflects an expectation of moderate growth or improvement in the company's fundamentals, which could lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100