Barclays Maintains Equal-Weight on Stag Industrial, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch has maintained an Equal-Weight rating on Stag Industrial (NYSE:STAG) but has lowered the price target from $42 to $40.
October 28, 2024 | 1:47 pm
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Barclays analyst Brendan Lynch has maintained an Equal-Weight rating on Stag Industrial but has lowered the price target from $42 to $40.
The lowering of the price target from $42 to $40 by Barclays suggests a slightly negative outlook on Stag Industrial's stock performance. While the Equal-Weight rating remains unchanged, the reduced price target may lead to a short-term negative impact on the stock price as it reflects a more cautious stance by the analyst.
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IMPORTANCE 70
RELEVANCE 100