Scotiabank analyst Nicholas Yulico lowered the firm’s price target on SL Green Realty (SLG) to $71 from $75 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Real Estate & REITs stocks under its coverage ahead of the Q2 earnings season, the analyst tells investors. The firm is adjusting its estimates to reflect modest tweaks to occupancy and interest expense assumptions.
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