UBS downgraded Azrieli Group (AZRGF) to Neutral from Buy with a price target of ILS 435, up from ILS 370. The firm cites valuation for the downgrade, saying the stock’s year-to-date rally since the December data center leasing news suggests the upside is largely priced in.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks