Truist Securities Maintains Hold on EastGroup Props, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on EastGroup Properties (NYSE:EGP) while raising the price target from $176 to $190.
August 05, 2024 | 1:54 pm
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Truist Securities has maintained a Hold rating on EastGroup Properties (NYSE:EGP) and raised the price target from $176 to $190.
The raised price target from $176 to $190 suggests a positive outlook on EastGroup Properties' future performance, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100