The Analyst Verdict: EastGroup Props In The Eyes Of 9 Experts
Portfolio Pulse from Benzinga Insights
Nine analysts have recently evaluated EastGroup Properties (NYSE:EGP), with opinions ranging from bullish to bearish. The average 12-month price target has decreased to $182.67 from $189.56. Analysts have adjusted their ratings and price targets, reflecting mixed sentiments about the company's future performance.
July 22, 2024 | 2:01 pm
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EastGroup Properties (NYSE:EGP) has received mixed ratings from analysts, with a new average price target of $182.67, down from $189.56. Analysts have adjusted their ratings and price targets, reflecting varied sentiments about the company's future performance.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty about EastGroup Properties' future performance. While some analysts have raised their price targets, others have lowered theirs, indicating varied expectations. This mixed sentiment is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100