Truist lowered the firm’s price target on Safehold to $21 from $22 and keeps a Hold rating on the shares. The analyst decreased estimates following the company’s Q4 results to reflect higher taxes and higher equity funding expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SAFE:
- Safehold price target lowered to $22 from $25 at Mizuho
- Star Holdings Reports Fourth Quarter and Fiscal Year 2023 Results
- New Costs Risk for Safehold Inc. – What’s the Latest?
- Safehold Inc. Releases Q4 and Full Year 2023 Earnings Presentation
- Safehold Aligns Executive Incentives with Financial Performance
