Evercore ISI Group Upgrades Paramount Group to In-Line, Announces $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa upgraded Paramount Group (NYSE:PGRE) from Underperform to In-Line and set a $5 price target.
March 18, 2024 | 10:02 am
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Paramount Group was upgraded from Underperform to In-Line by Evercore ISI Group, with a new price target of $5.
Upgrades by analysts, especially from Underperform to In-Line, indicate a positive change in the stock's outlook, potentially leading to increased investor interest and a rise in stock price. The set price target of $5 further provides a benchmark for expected performance, suggesting confidence in the company's potential for growth or recovery.
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IMPORTANCE 90
RELEVANCE 100