SL Green Realty Reaches Analyst Target Price

Core Viewpoint - SL Green Realty Corp's shares have surpassed the average analyst 12-month target price of $79.55, currently trading at $79.62, prompting analysts to consider either downgrading on valuation or raising their target price based on the company's fundamental developments [1][3]. Analyst Target Summary - There are 11 different analyst targets contributing to the average for SL Green Realty Corp, with the lowest target at $72.00 and the highest at $90.00, resulting in a standard deviation of $6.578 [2]. - The average target price reflects a collective assessment rather than a single expert's opinion, indicating a potential for further evaluation by investors regarding the stock's future trajectory [3]. Recent Analyst Ratings Breakdown - Current ratings show 3 Strong Buy, 0 Buy, 6 Hold, 0 Sell, and 1 Strong Sell, with an average rating of 2.6, where 1 is Strong Buy and 5 is Strong Sell [4]. - The average rating has slightly decreased from 2.8 a month ago to 2.6, indicating a shift in analyst sentiment [4].