JP Morgan Maintains Underweight on SL Green Realty, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone has maintained an Underweight rating on SL Green Realty (NYSE:SLG) while raising the price target from $43 to $44.

April 25, 2024 | 4:31 pm
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JP Morgan maintains an Underweight rating on SL Green Realty but increases the price target from $43 to $44.
The adjustment in price target by JP Morgan suggests a slightly more optimistic outlook on SL Green Realty's value, despite maintaining an Underweight rating. This could indicate a belief in some positive aspects of the company's future performance, but not enough to change the overall bearish stance. Investors might see this as a nuanced view, impacting the stock's short-term movement minimally as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90