SL Green Realty price target lowered to $43 from $52 at Morgan Stanley
Morgan Stanley has lowered its price target for SL Green Realty (SLG) to $43 from $52, while maintaining an Equal Weight rating on the shares. The firm anticipates that the payout ratio of SL Green and other REITs like Highwoods Properties and American Assets Trust will be a significant focus as they head into their Q4 earnings reports. This adjustment reflects an outlook on office fundamental trends in key REIT markets.
https://www.tipranks.com/news/the-fly/sl-green-realty-price-target-lowered-to-43-from-52-at-morgan-stanley-thefly?mod=mw_quote_news