Expert Ratings For SL Green Realty
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $55.92. Analysts have raised their price targets, reflecting a more positive outlook despite SL Green's recent financial challenges, including a decline in revenue and below-average profitability metrics.
August 22, 2024 | 6:00 pm
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SL Green Realty has seen a shift in analyst sentiment with a 16.69% increase in the average price target to $55.92. Despite financial challenges, including a revenue decline and low profitability metrics, analysts have raised their price targets, indicating a more positive outlook.
The increase in the average price target by 16.69% suggests that analysts are more optimistic about SL Green Realty's future performance. This is despite the company's recent financial challenges, such as a decline in revenue and low profitability metrics. The raised price targets by several analysts indicate a potential positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100