Raymond James Initiates Coverage On Freehold Royalties with Market Perform Rating, Announces Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
Raymond James has initiated coverage on Freehold Royalties with a Market Perform rating and set a price target of $16.
October 18, 2024 | 5:42 pm
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NEUTRAL IMPACT
Raymond James has initiated coverage on Freehold Royalties with a Market Perform rating and a price target of $16, indicating a neutral outlook.
The Market Perform rating suggests that the stock is expected to perform in line with the market. The price target of $16 provides a specific valuation benchmark. This neutral rating indicates no strong buy or sell recommendation, which may lead to limited short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100