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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Read More on SLG:
- SL Green Realty price target lowered to $60 from $63 at BMO Capital
- SL Green Realty: Hold Rating Amid Weaker FFO Guidance and Refinancing Challenges, Despite Positive Leasing Activity
- SL Green Realty trading resumes
- SL Green trading resumes, shares down 7% to $40.70 after outlook
- SL Green Realty Adjusts Dividend Payment Schedule
