Compass Point Maintains Buy on NexPoint Residential, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross maintains a Buy rating on NexPoint Residential (NYSE:NXRT) and raises the price target from $45 to $55.
July 31, 2024 | 12:49 pm
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POSITIVE IMPACT
Compass Point analyst Merrill Ross maintains a Buy rating on NexPoint Residential and raises the price target from $45 to $55.
The raised price target from $45 to $55 and maintained Buy rating by Compass Point is a positive signal for investors, likely leading to increased investor confidence and potential short-term price appreciation for NXRT.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100