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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.