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Analysts Offer Insights on Real Estate Companies: Crown Castle (CCI) and SL Green Realty (SLG)

Tipranks - Fri Jan 30, 10:56AM CST

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Crown Castle (CCIResearch Report) and SL Green Realty (SLGResearch Report) with bullish sentiments.

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Crown Castle (CCI)

KeyBanc analyst Brandon Nispel maintained a Buy rating on Crown Castle today and set a price target of $115.00. The company’s shares closed last Thursday at $85.75, close to its 52-week low of $84.20.

According to TipRanks.com, Nispel is a 4-star analyst with an average return of 4.3% and a 51.0% success rate. Nispel covers the NA sector, focusing on stocks such as Charter Communications, Cogent Comms, and Walt Disney. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Castle with a $106.08 average price target, which is a 25.0% upside from current levels. In a report issued on January 20, UBS also maintained a Buy rating on the stock with a $116.00 price target.

See the top stocks recommended by analysts >>

SL Green Realty (SLG)

In a report released today, Steve Sakwa from Evercore ISI maintained a Buy rating on SL Green Realty, with a price target of $54.00. The company’s shares closed last Thursday at $44.69.

According to TipRanks.com, Sakwa is a 2-star analyst with an average return of 0.1% and a 48.5% success rate. Sakwa covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and COPT Defense Properties. ;'>

Currently, the analyst consensus on SL Green Realty is a Hold with an average price target of $52.00, implying a 16.6% upside from current levels. In a report issued on January 14, Scotiabank also maintained a Buy rating on the stock with a $61.00 price target.

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