Baird analyst Nicholas Thillman lowered the firm’s price target on EastGroup Properties (EGP) to $190 from $194 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where the population growth and supply picture is more favorable versus peers.
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Read More on EGP:
- EastGroup Properties price target lowered to $177 from $180 at Truist
- EastGroup Properties price target lowered to $182 from $193 at Barclays
- EastGroup Properties price target lowered to $183 from $189 at RBC Capital
- EastGroup Properties’ Earnings Call Highlights Robust Growth Amid Challenges
- Eastgroup Properties: Strong Performance and Strategic Positioning Justify Buy Rating Amid Macroeconomic Uncertainties