Mizuho Initiates Coverage On Regency Centers with Neutral Rating, Announces Price Target of $60
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste has initiated coverage on Regency Centers (NASDAQ:REG) with a Neutral rating and set a price target of $60.

April 18, 2024 | 1:07 pm
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NEUTRAL IMPACT
Mizuho has initiated coverage on Regency Centers with a Neutral rating and a price target of $60.
The initiation of coverage by Mizuho with a Neutral rating and a specific price target provides investors with a new analytical perspective on Regency Centers. While the Neutral rating suggests that Mizuho does not see significant upside or downside in the near term, the setting of a price target offers a benchmark for performance expectations. This could lead to increased investor interest and potentially more stability in the stock price, but since the rating is Neutral, the immediate impact on the stock's price might be limited.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100