Truist Securities Maintains Hold on Safehold, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim maintains a Hold rating on Safehold (NYSE:SAFE) and lowers the price target from $22 to $21.
March 11, 2024 | 3:36 pm
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Truist Securities maintains a Hold rating on Safehold and lowers the price target from $22 to $21.
The reduction in the price target by Truist Securities suggests a less optimistic outlook on Safehold's stock value in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100