tiprankstipranks
Trending News
More News >

Safehold price target lowered to $17 from $19 at Morgan Stanley

Morgan Stanley analyst Ronald Kamdem lowered the firm’s price target on Safehold (SAFE) to $17 from $19 and keeps an Equal Weight rating on the shares. The firm lowered its FY25 and FY26 AFFO estimates due to lower origination forecasts given the economic slowdown and rate uncertainty.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1