UBS Initiates Coverage On Alpine Income Prop Trust with Neutral Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Goldsmith has initiated coverage on Alpine Income Prop Trust (NYSE:PINE) with a Neutral rating and set a price target of $19.
October 14, 2024 | 1:19 pm
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NEUTRAL IMPACT
UBS has initiated coverage on Alpine Income Prop Trust with a Neutral rating and a price target of $19, indicating a balanced view on the stock's potential.
The Neutral rating suggests that UBS does not expect significant short-term price movement for PINE. The price target of $19 provides a benchmark for investors, but the neutral stance indicates a balanced risk-reward scenario.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100