Analyst Expectations For SL Green Realty's Future
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on SL Green Realty (NYSE:SLG), with recent ratings showing a mix of neutral to somewhat bearish sentiments. The average 12-month price target has increased by 21.26% to $59.88. Despite the positive price target adjustments, SL Green Realty faces financial challenges, including declining revenue and below-average profitability metrics.
October 10, 2024 | 8:00 pm
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SL Green Realty (NYSE:SLG) has received mixed analyst ratings, with a recent increase in the average 12-month price target to $59.88. However, the company faces financial challenges, including a decline in revenue and below-average profitability metrics.
The increase in the average price target suggests some optimism among analysts, but the financial challenges such as declining revenue and low profitability metrics may offset this positive sentiment. The mixed analyst ratings reflect these conflicting factors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100