Barclays analyst Brendan Lynch lowered the firm’s price target on SL Green Realty (SLG) to $59 from $60 and keeps an Equal Weight rating on the shares. The firm sees leasing momentum from both the industrial and office sectors continuing, at least in the near term, for the real estate investment trust companies.
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Read More on SLG:
- SL Green Realty Amends Partnership for Preferred Units
- SL Green Realty price target lowered to $66 from $71 at Scotiabank
- SL Green Realty price target lowered to $54 from $58 at Truist
- SL Green Realty: Hold Rating Amid Financial Pressures and Strategic Moves
- SL Green Realty price target lowered to $61 from $64 at BofA
