Stock Track | Safehold (SAFE) Soars 5.25% as Positive Analyst Rating Fuels Optimism

Stock Track

02-06

Safehold Inc. (SAFE) saw its stock surge 5.25% on Thursday's premarket session, riding a wave of positive sentiment following a reiterated "Buy" rating from JMP Securities analyst Mitchell Germain.

JMP Securities' Germain reaffirmed his bullish stance on the real estate investment trust (REIT), maintaining a price target of $35 on Safehold's stock. This vote of confidence from the analyst appears to have bolstered investors' optimism, driving the substantial premarket rally.

While specific details were not provided in the available news, Germain's unwavering "Buy" recommendation likely signals his belief in Safehold's growth prospects and potential for further upside. The analyst's price target of $35 implies a potential upside of over 50% from the stock's current trading levels.

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(SAFE) saw its stock surge 5.25% on Thursday's premarket session, riding a wave of positive sentiment following a reiterated \"Buy\" rating from JMP Securities analyst Mitchell Germain.</p>\n\n<p>JMP Securities' Germain reaffirmed his bullish stance on the real estate investment trust (REIT), maintaining a price target of $35 on Safehold's stock. This vote of confidence from the analyst appears to have bolstered investors' optimism, driving the substantial premarket rally.</p>\n\n<p>While specific details were not provided in the available news, Germain's unwavering \"Buy\" recommendation likely signals his belief in Safehold's growth prospects and potential for further upside. 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