Evercore ISI Group Upgrades EastGroup Props to Outperform, Raises Price Target to $204
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded EastGroup Properties (NYSE:EGP) from In-Line to Outperform, raising the price target from $192 to $204.
September 16, 2024 | 10:51 am
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Evercore ISI Group has upgraded EastGroup Properties to Outperform and increased the price target to $204, indicating a positive outlook.
The upgrade from In-Line to Outperform by a reputable analyst firm like Evercore ISI Group is likely to boost investor confidence in EastGroup Properties. The raised price target from $192 to $204 suggests an expected increase in the stock's value, which could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100