tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Safehold price target lowered to $17 from $20 at Wedbush

Wedbush lowered the firm’s price target on Safehold (SAFE) to $17 from $20 and keeps a Neutral rating on the shares. The firm says the company’s Q1 report was a bit nonlinear as Safehold continues to grapple with an on-again/off-again customer base as it relates to its ground lease offering. For the time being, with the stock still stuck in macro purgatory, Wedbush remains on the sidelines.

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>>

Disclaimer & DisclosureReport an Issue

1