Goldman Sachs downgraded Sumitomo Realty (SURDF) to Neutral from Buy with a 4,700 yen price target The firm cites limited upside to its new price target which factors in higher cap rates amid rising interest rates.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SURDF: