Wedbush Reiterates Outperform on EastGroup Props, Maintains $209 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson has reiterated an Outperform rating for EastGroup Properties (NYSE:EGP) and maintained a price target of $209.
October 25, 2024 | 2:15 pm
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Wedbush analyst Richard Anderson has reiterated an Outperform rating for EastGroup Properties and maintained a price target of $209, indicating confidence in the company's performance.
The reiteration of an Outperform rating and maintenance of a $209 price target by Wedbush suggests positive sentiment and confidence in EastGroup Properties' future performance. This is likely to have a positive short-term impact on the stock price as it reflects analyst confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100