Deutsche Bank Maintains Hold on NexPoint Residential, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has maintained its 'Hold' rating on NexPoint Residential (NYSE:NXRT) while raising the price target from $38 to $44.
September 10, 2024 | 5:57 pm
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Deutsche Bank has maintained its 'Hold' rating on NexPoint Residential and increased the price target from $38 to $44, indicating a positive outlook.
The increase in price target from $38 to $44 by Deutsche Bank suggests a positive outlook for NexPoint Residential, which could lead to a short-term price increase. However, the 'Hold' rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100