Deutsche Bank Maintains Buy on Phillips Edison, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Omotayo Okusanya maintains a Buy rating on Phillips Edison (NASDAQ:PECO) but lowers the price target from $41 to $38.

May 29, 2024 | 3:58 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on Phillips Edison but lowers the price target from $41 to $38.
The maintained Buy rating suggests continued confidence in Phillips Edison's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100