Millrose Properties (NYSE:MRP) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Millrose Properties (NYSE:MRP - Free Report) to a strong-buy rating in a research note published on Thursday, MarketBeat reports. The firm currently has $25.00 price target on the stock.

Millrose Properties Stock Up 0.2 %

Shares of NYSE:MRP traded up $0.04 during midday trading on Thursday, hitting $22.28. The stock had a trading volume of 1,571,150 shares, compared to its average volume of 6,651,597. Millrose Properties has a 1 year low of $19.00 and a 1 year high of $27.07.

Insider Activity

In other Millrose Properties news, insider Garett Rosenblum purchased 5,900 shares of the business's stock in a transaction on Monday, March 3rd. The stock was bought at an average cost of $22.84 per share, for a total transaction of $134,756.00. Following the acquisition, the insider now owns 5,900 shares of the company's stock, valued at approximately $134,756. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

About Millrose Properties

Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.