JP Morgan Maintains Underweight on Veris Residential, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains an Underweight rating on Veris Residential (NYSE:VRE) but raises the price target from $13 to $14.
September 16, 2024 | 3:33 pm
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JP Morgan's analyst Anthony Paolone maintains an Underweight rating on Veris Residential but raises the price target from $13 to $14, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100