Mizuho Maintains Neutral on Safehold, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste maintains a Neutral rating on Safehold (NYSE:SAFE) and raises the price target from $20 to $25.
October 31, 2024 | 2:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mizuho has maintained a Neutral rating on Safehold but increased the price target from $20 to $25, indicating a more positive outlook.
The increase in price target from $20 to $25 suggests that the analyst sees potential for growth in Safehold's stock, despite maintaining a Neutral rating. This could lead to a positive short-term impact on the stock price as investors may interpret the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100