Compass Point Upgrades SL Green Realty to Neutral, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Compass Point has upgraded SL Green Realty (NYSE:SLG) from Sell to Neutral and increased the price target from $35 to $60, indicating a more positive outlook on the company's stock.
September 18, 2024 | 5:19 pm
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Compass Point has upgraded SL Green Realty from Sell to Neutral, with a significant price target increase from $35 to $60, suggesting improved expectations for the stock.
The upgrade from Sell to Neutral and the substantial increase in the price target from $35 to $60 by Compass Point indicates a more favorable view of SL Green Realty's prospects. This is likely to positively impact the stock price in the short term as investors react to the improved outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100