B. Riley Securities Maintains Buy on Global Net Lease, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Global Net Lease (NYSE:GNL) but has lowered the price target from $11 to $10.
August 12, 2024 | 4:06 pm
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B. Riley Securities has maintained its Buy rating on Global Net Lease (NYSE:GNL) but has lowered the price target from $11 to $10.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100