SL Green (SLG) Faces Dual Target Cuts as Office REIT Outlook Stays Neutral

Core Insights - SL Green Realty Corp. (NYSE:SLG) is recognized as one of the 13 highest paying monthly dividend stocks to buy [1] Group 1: Analyst Ratings and Price Targets - Ladenburg analyst Floris van Dijkum reduced the price target for SL Green to $50 from $60 while maintaining a Neutral rating following the company's investor day [2] - Mizuho also lowered its price target for SL Green to $47 from $67, keeping a Neutral stance, citing a "fairly valued" office sector with limited earnings growth expected [3] Group 2: Company Developments - On December 5, SL Green acquired a 39.48% stake in 800 Third Avenue from its joint venture partners for $5.1 million, gaining full ownership of the property [4] - The acquisition is noted as a significant achievement for SL Green in a challenging post-COVID environment for office landlords [5] Group 3: Occupancy Rates - SL Green reported that same-store Manhattan office occupancy increased to 92.4% in Q3 2025, with expectations to reach 93.2% by December 31, 2025 [5]