BofA raised the firm’s price target on SL Green Realty to $36 from $27 and keeps a Neutral rating on the shares as part of a broader note on the Office REIT group. The firm continues to recommend quality REITs with strong balance sheets, particularly in the office subsector, where banks have tightened lending.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 SLG:
- SL Green Realty put volume heavy and directionally bearish
- SL Green Realty price target lowered to $47 from $50 at Truist
- SL Green Realty upgraded to Overweight from Neutral at Piper Sandler
- SL Green Realty Corp. Announces Common Stock Dividend
- SL Green Realty CEO ‘very comfortable’ with where dividend is today