Truist Securities Maintains Hold on Global Net Lease, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Global Net Lease (NYSE:GNL) while raising the price target from $8 to $8.5.
August 21, 2024 | 1:51 pm
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Truist Securities has maintained a Hold rating on Global Net Lease (NYSE:GNL) and increased the price target from $8 to $8.5, indicating a slightly positive outlook.
The increase in price target from $8 to $8.5 suggests a slightly positive outlook for Global Net Lease, which could lead to a minor positive impact on the stock price. However, the Hold rating indicates that the analyst does not expect significant short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100