Citigroup Maintains Sell Rating for SL Green Realty: Here's What You Need To Know

Citigroup has decided to maintain its Sell rating of SL Green Realty SLG and lower its price target from $35.00 to $17.00.

Shares of SL Green Realty are trading down 2.34% over the last 24 hours, at $19.84 per share.

A move to $17.00 would account for a 14.29% decrease from the current share price.

About SL Green Realty

SL Green is one of the largest Manhattan property owner and landlord, with interest in around 35 million square feet of wholly owned and joint venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.