Goldman Sachs Maintains Buy on Safehold, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows maintains a Buy rating on Safehold (NYSE:SAFE) but lowers the price target from $38 to $30.
November 01, 2024 | 5:18 pm
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Goldman Sachs has maintained its Buy rating on Safehold but has reduced the price target from $38 to $30, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Safehold's potential, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company performance. This could lead to short-term downward pressure on the stock price.
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