Compass Point Maintains Neutral on Phillips Edison, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum maintains a Neutral rating on Phillips Edison (NASDAQ:PECO) and raises the price target from $36 to $37.
September 10, 2024 | 3:30 pm
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Compass Point has maintained a Neutral rating on Phillips Edison but increased the price target from $36 to $37, indicating a slight positive outlook.
The increase in the price target from $36 to $37 suggests a slightly more positive outlook on PECO's stock, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100