Eastgroup Properties (EGP) Tops Q2 EPS by 4c; offers guidance

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EastGroup Properties (EGP) PT Raised to $188 at Evercore ISI

July 24, 2024 4:58 AM EDT

Evercore ISI analyst Steve Sakwa raised the price target on EastGroup Properties (NYSE: EGP) to $188.00 (from $177.00) while maintaining a In Line rating.

The analyst comments "After updating the model for Q2 results and adjusting several of key assumptions, our FY24 FFO estimate increased from $8.27 to... More