Mizuho Downgrades Terreno Realty to Underperform, Maintains Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra has downgraded Terreno Realty (NYSE:TRNO) from Neutral to Underperform, while maintaining the price target at $62.
September 05, 2024 | 11:50 am
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NEGATIVE IMPACT
Mizuho has downgraded Terreno Realty from Neutral to Underperform, indicating a negative outlook on the stock. The price target remains at $62, suggesting limited upside potential.
The downgrade from Neutral to Underperform by Mizuho suggests a negative sentiment towards Terreno Realty's stock performance. Maintaining the price target at $62 indicates that the analyst does not foresee significant growth potential, which could lead to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100