Piper Sandler lowered the firm’s price target on SL Green Realty (SLG) to $50 from $60 and keeps an Overweight rating on the shares. The firm is updating estimates ahead of earnings. Model revisions are driven by recent capital market transactions and assumption adjustments, Piper adds.
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- SL Green Realty price target lowered to $36 from $43 at Morgan Stanley
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