JP Morgan Maintains Neutral on Safehold, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone has maintained a Neutral rating on Safehold (NYSE:SAFE) and lowered the price target from $23 to $21.

April 17, 2024 | 2:28 pm
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JP Morgan analyst Anthony Paolone maintains a Neutral rating on Safehold and lowers the price target from $23 to $21.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Safehold's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100