Truist raised the firm’s price target on SL Green Realty to $42 from $41 and keeps a Buy rating on the shares. The firm is reducing its FY23 EPS to $5.26 from $5.32 and its FY24 EPS view to $5.08 from $5.40 ahead of the annual investor event today at which management is expected to provide 2024 guidance, though its raised price target reflects easing interest rate expectations over the past month, the analyst tells investors in a research note.
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