Truist lowered the firm’s price target on Safehold (SAFE) to $16 from $18 and keeps a Hold rating on the shares. The firm is updating its model to reflect lower assumed equity raises and higher Safehold GL Holdings fundings while raising its FY26 view to $1.64 from $1.56, the analyst tells investors in a research note.
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 SAFE: