Mizuho Maintains Neutral on EastGroup Props, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra maintains a Neutral rating on EastGroup Properties (NYSE:EGP) but lowers the price target from $185 to $175.
May 31, 2024 | 12:52 pm
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Mizuho analyst Vikram Malhotra maintains a Neutral rating on EastGroup Properties (NYSE:EGP) and lowers the price target from $185 to $175.
The lowered price target from $185 to $175 suggests a less optimistic outlook for EastGroup Properties, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100