Investors Should Expect More Downgrades for Innovative Industrial Properties

 Investors Should Expect More Downgrades for Innovative Industrial Properties

Some analyst estimates for the stock seem to be outdated.

At first glance, Innovative Industrial Properties (IIP) (IIPR 1.99%) looks like a promising stock to buy. Near its 52-week low, it’s possibly a cheap buy. With an average analyst price target of more…