SL Green Realty price target raised to $35 from $26 at Barclays

Barclays raised the firm’s price target on SL Green Realty to $35 from $26 and keeps an Underweight rating on the shares. The company’s investor day highlighted an improving leasing demand environment, asset sales, and a focus on growing non-rental income, the analyst tells investors in a research note. .That said, long-term New York City office demand is uncertain and interest rates remain high, resulting in earnings headwinds, says the firm.