Evercore ISI Group Maintains Underperform on JBG SMITH Props, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa maintains an Underperform rating on JBG SMITH Properties (NYSE:JBGS) but raises the price target from $16 to $17.
September 16, 2024 | 3:19 pm
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NEUTRAL IMPACT
Evercore ISI Group has maintained an Underperform rating on JBG SMITH Properties, but increased the price target from $16 to $17, indicating a slightly more positive outlook.
The analyst's decision to maintain an Underperform rating suggests a cautious outlook on JBGS, but the raised price target indicates a slightly improved valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100