The Analyst Landscape: 13 Takes On SL Green Realty
Portfolio Pulse from Benzinga Insights
SL Green Realty (NYSE:SLG) has seen diverse analyst ratings over the past three months, with a recent positive shift in average price targets. Analysts have raised their price targets, reflecting a more optimistic outlook despite SLG's recent financial challenges, including a revenue decline and low profitability metrics.
September 11, 2024 | 3:00 pm
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SL Green Realty has experienced a positive shift in analyst price targets, with the average target rising by 17.32% to $57.85. Despite financial challenges, such as a revenue decline and low profitability, analysts have raised their price targets, indicating a more optimistic outlook.
The increase in average price targets by analysts suggests a more optimistic outlook for SL Green Realty, despite its recent financial challenges. This could lead to a positive short-term impact on SLG's stock price as investors may perceive the stock as undervalued or poised for recovery.
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