Cracking The Code: Understanding Analyst Reviews For EastGroup Props
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated EastGroup Properties (NYSE:EGP), providing a range of ratings from bullish to bearish. The average 12-month price target is now $181.83, down from $192.11. Several analysts have lowered their price targets and ratings, reflecting changing market dynamics and company performance.
May 31, 2024 | 3:01 pm
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EastGroup Properties (NYSE:EGP) has seen a decrease in its average 12-month price target from $192.11 to $181.83. Several analysts have lowered their ratings and price targets, indicating a more cautious outlook on the stock.
The decrease in the average price target and the lowering of ratings by multiple analysts suggest a more cautious outlook on EastGroup Properties. This could lead to a short-term negative impact on the stock price as investors react to the revised expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100