Innovative Industrial Properties (IIPR) Gets a Hold from Alliance Global Partners
Alliance Global Partners analyst Aaron Grey maintained a Hold rating on Innovative Industrial Properties today and set a price target of $50.00.
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According to TipRanks, Grey is an analyst with an average return of -6.1% and a 34.04% success rate.
Innovative Industrial Properties has an analyst consensus of Hold, with a price target consensus of $61.67.
Based on Innovative Industrial Properties’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $64.69 million and a net profit of $29.31 million. In comparison, last year the company earned a revenue of $76.53 million and had a net profit of $40.22 million
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