Scotiabank lowered the firm’s price target on Slate Grocery to $9 from $9.50 and keeps a Sector Perform rating on the shares following Q1 results. While fundamentals remain attractive for grocery anchored open air centers, the firm believes there’s still more work to be done on the balance sheet, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.