Morgan Stanley lowered the firm’s price target on Paramount Group (PGRE) to $4 from $4.25 and keeps an Equal Weight rating on the shares. The firm lowered its FY25 and FY26 FFO per share estimates to 53c and 37c from 57c and 41c, respectively.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGRE:
- Paramount Group Updates Executive Employment Agreements
- Paramount Group Reports Q4 2024 Results and 2025 Outlook
- Paramount Group’s Mixed Earnings Call: Achievements and Challenges
- Paramount Group Faces Operational Challenges: Sell Rating Justified Amid Declining NOI and Leasing Struggles
- Paramount Group’s Mixed Performance and Debt Challenges Justify Hold Rating