Mizuho Upgrades EastGroup Props to Outperform, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra has upgraded EastGroup Properties (NYSE:EGP) from Neutral to Outperform and increased the price target from $175 to $200.
September 05, 2024 | 11:47 am
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Mizuho has upgraded EastGroup Properties to Outperform and raised its price target to $200, indicating a positive outlook for the stock.
The upgrade from Neutral to Outperform by Mizuho suggests increased confidence in EastGroup Properties' future performance. The raised price target to $200 indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
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