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SL Green Realty price target lowered to $47 from $54 at Truist

Truist lowered the firm’s price target on SL Green Realty (SLG) to $47 from $54 and keeps a Hold rating on the shares. High leasing capital and interest expense appear to remain significant headwinds, while uncertainty regarding job growth and interest rates in 2026 overhang much of the public REIT sector, the analyst tells investors in a research note.

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