Slate Grocery price target raised to $10.50 from $10 at Scotiabank

Scotiabank raised the firm’s price target on Slate Grocery (SRRTF) to $10.50 from $10 and keeps a Sector Perform rating on the shares. The company was one of the best-performing Retail REITs listed on the TSX in 2024, the analyst tells investors. Additionally, the firm attributes the company’s Q4 miss and reduction in estimates to higher interest expenses.