Raymond James Upgrades NexPoint Residential to Outperform, Announces $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has upgraded NexPoint Residential (NYSE:NXRT) from Market Perform to Outperform, setting a price target of $50.
October 21, 2024 | 1:19 pm
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Raymond James has upgraded NexPoint Residential to Outperform with a $50 price target, indicating a positive outlook for the stock.
The upgrade from Market Perform to Outperform by a reputable analyst at Raymond James suggests increased confidence in NexPoint Residential's future performance. The $50 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100