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Safehold price target lowered to $24 from $31 at Truist

Safehold price target lowered to $24 from $31 at Truist

Truist lowered the firm’s price target on Safehold to $24 from $31 and keeps a Hold rating on the shares as part of a broader research note updating the firm’s model based on the REIT’s second quarter results, recent events, and adjusted revenue growth and expense assumption.

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