Phillips Edison & Company, Inc. (PECO) has disclosed a new risk, in the Technology category.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Phillips Edison & Company, Inc. faces significant business risk from its use of artificial intelligence technologies, which are rapidly evolving and carry technological and legal challenges. These AI technologies, including generative AI, may produce inaccurate or misleading outputs, leading to impaired decision-making and potential legal liabilities. Furthermore, the risk of sensitive information being leaked or manipulated by bad actors poses a threat to the company’s reputation and competitive standing. The uncertain regulatory environment around AI usage may require additional resources to ensure compliance, possibly reducing the benefits and impacting the business negatively.
Overall, Wall Street has a Hold consensus rating on PECO stock based on 1 Buy and 5 Holds.
To learn more about Phillips Edison & Company, Inc.’s risk factors, click here.