Alliance Global Partners raised the firm’s price target on CTO Realty Growth (CTO) to $23 from $22 and keeps a Buy rating on the shares after the company reported Q3 core FFO per share of 50c, better than the firm’s 45c estimate and 44c consensus. The firm’s updated 2024 and 2025 core FFO per share estimates are $1.86 and $1.95, up from $1.84 and $1.90 previously.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTO:
- CTO Realty Growth Reports Strong Q3 2024 Financials
- CTO Realty Growth narrows FY24 AFFO view to $1.96 to $2.00 from $1.95-$2.00
- CTO Realty Growth reports Q3 AFFO 51c, consensus 48c
- Seeking at Least 8% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to Buy
- Cto Realty Growth, Inc. (CTO) Q3 Earnings Cheat Sheet