RBC Capital Maintains Outperform on Safehold, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains an Outperform rating on Safehold (NYSE:SAFE) but lowers the price target from $32 to $29.

May 08, 2024 | 6:40 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Safehold but lowers the price target from $32 to $29.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Safehold's performance but with a slightly moderated expectation on its stock price potential. This could lead to a neutral short-term impact as the market absorbs the revised price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100