BTIG lowered the firm’s price target on SL Green Realty (SLG) to $70 from $75 and keeps a Buy rating on the shares. The firm notes that Manhattan leasing fundamentals and fee income growth provide tailwinds for 2026, though it is reducing its price target to reflects its updated NAV estimate, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLG:
- SL Green Realty price target lowered to $44 from $47 at Truist
- SL Green Realty price target lowered to $55 from $70 at Citi
- SL Green Earnings Call: Leasing Strength, Financing Firepower
- SL Green Posts Q4 Loss Amid Manhattan Expansion Moves
- SL Green Realty price target lowered to $43 from $52 at Morgan Stanley