Barclays Maintains Equal-Weight on EastGroup Props, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Equal-Weight rating on EastGroup Properties (NYSE:EGP) and raises the price target from $175 to $198.
July 30, 2024 | 11:33 am
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Barclays analyst Brendan Lynch maintains an Equal-Weight rating on EastGroup Properties (NYSE:EGP) and raises the price target from $175 to $198.
The raised price target from $175 to $198 by Barclays suggests a positive outlook for EastGroup Properties, which could lead to a short-term increase in the stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100