Evercore ISI Group Maintains Underperform on SL Green Realty, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa has maintained an Underperform rating on SL Green Realty (NYSE:SLG) while raising the price target from $46 to $47.

April 22, 2024 | 3:46 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Underperform rating on SL Green Realty, with a price target increase from $46 to $47.
The adjustment in price target by Evercore ISI Group suggests a slightly more positive outlook on SL Green Realty's valuation, despite maintaining an Underperform rating. This could indicate a belief in some underlying value not previously accounted for, though the overall recommendation remains bearish. The direct mention and specific action taken by the analyst make this news highly relevant and important for investors in SLG, with a high confidence level in the analysis due to the clear and targeted nature of the rating and price target change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100