Lucid Capital initiated coverage of Millrose Properties (MRP) with a Buy rating and $40 price target The firm views the company as “unique” with a land bank structured as a real estate investment trust, offering an 8% dividend yield. Millrose’s growth opportunity in third-party agreements is “substantial,” the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRP: