BofA analyst Jana Galan lowered the firm’s price target on SL Green Realty (SLG) to $54 from $56 and keeps a Neutral rating on the shares after the company hosted its annual investor day and lowered its 2025 FFO per share outlook to $5.70 from $5.80 and introduced 2026 FFO per share guidance of $4.55, below the firm’s previous $5.10 estimate.
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Read More on SLG:
- SL Green Realty price target lowered to $54 from $56 at Evercore ISI
- SL Green Realty price target lowered to $47 from $54 at Truist
- 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
