JP Morgan Maintains Underweight on Veris Residential, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains an Underweight rating on Veris Residential (NYSE:VRE) but raises the price target from $11 to $13.
June 17, 2024 | 2:27 pm
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JP Morgan analyst Anthony Paolone maintains an Underweight rating on Veris Residential but raises the price target from $11 to $13.
The Underweight rating suggests a cautious outlook, but the raised price target indicates some positive expectations. The net impact on the stock price is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100