JP Morgan Maintains Overweight on Elme, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains an Overweight rating on Elme (NYSE:ELME) and raises the price target from $17 to $19.
September 16, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on Elme and increased the price target from $17 to $19, indicating a positive outlook.
The increase in price target from $17 to $19 by JP Morgan suggests a positive outlook for Elme, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100