Analyst Ronald Kamdem of Morgan Stanley maintained a Hold rating on Safehold, reducing the price target to $16.00.
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Ronald Kamdem’s rating is based on a combination of factors, including the recent adjustments in the anticipated Adjusted Funds from Operations (AFFO) for Safehold. The forecast for 2025 has been revised from $0.43 to $0.29, indicating a less optimistic outlook for that year. However, the projection for 2026 shows improvement, with an increase from $0.44 to $0.49.
These changes suggest a mixed financial outlook for Safehold, prompting a Hold rating. The current share price and the updated risk-reward profile also play a role in this decision, as they reflect the potential for both opportunities and challenges in the company’s financial performance. Consequently, Kamdem advises investors to consider these factors carefully when evaluating their investment decisions.
In another report released on July 25, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $16.00 price target.