Scotiabank lowered the firm’s price target on SL Green Realty (SLG) to $66 from $71 and keeps an Outperform rating on the shares. Following Q3 results, the firm has a “positive view” on SL Green realty due to improving AFFOPS benefit, but is cutting its headline FFOPS estimates for 2026-2027 due to interest expense assumption and lower investment income, the analyst tells investors.
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