Jones Trading keeps Alpine Income Property at Buy, cuts target
Jones Trading maintained its Buy rating on Alpine Income Property and lowered its price target to $20 from $23, Dow Jones Newswires reports.
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what happened
According to Dow Jones Newswires, analysts at Jones Trading kept their Buy rating on Alpine Income Property (PINE). At the same time, they reduced the price target on the stock to $20 per share from $23.
The ratings information was also cited from Benzinga's analyst ratings page for the stock.
why it matters
A lower price target reflects a single analyst revising its valuation of the company. Moves like this affect one stock and usually have limited impact on the broader market, though they can shape sentiment toward this REIT.
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sources
- Alpine Income Property Is Maintained at Buy by Jones Trading — Dow Jones Newswires, 23 October 2026 at 21:07 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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