The latest price target for Innovative Ind Props (NYSE:IIPR) was reported by Piper Sandler on August 9, 2024. The analyst firm set a price target for $120.00 expecting IIPR to fall to within 12 months (a possible -3.61% downside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Innovative Ind Props (NYSE:IIPR) was provided by Piper Sandler, and Innovative Ind Props maintained their neutral rating.

The last upgrade for Innovative Industrial Properties Inc happened on September 19, 2022 when Compass Point raised their price target to $175. Compass Point previously had a neutral for Innovative Industrial Properties Inc.

The last downgrade for Innovative Industrial Properties Inc happened on September 5, 2023 when Compass Point changed their price target from N/A to $95 for Innovative Industrial Properties Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Innovative Ind Props, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Innovative Ind Props was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.

While ratings are subjective and will change, the latest Innovative Ind Props (IIPR) rating was a maintained with a price target of $110.00 to $120.00. The current price Innovative Ind Props (IIPR) is trading at is $124.50, which is out of the analyst’s predicted range.