Morgan Stanley Turns Bearish on Safehold Inc. (SAFE) Citing Litigation and Fee Income Risks
We recently compiled a list of the 9 High Growth Small Cap Stocks That Are Profitable. Safehold Inc. is one of the best high growth stocks on our list. TheFly reported on January 22 that Morgan Stanley downgraded SAFE from Equal Weight to Underweight and reduced its price target to $14 from $16. The firm saw two major pressures: a high dividend payout ratio and slow origination activity. The more cautious approach was also influenced by continuing litigation with a tenant, obstacles pertaining to Star Hol ...