Raymond James Maintains Outperform on Franklin BSP Realty Trust, Raises Price Target to $14.5
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Stephen Laws maintains an Outperform rating on Franklin BSP Realty Trust (NYSE:FBRT) and raises the price target from $13.5 to $14.5.
May 23, 2023 | 8:13 am
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POSITIVE IMPACT
Raymond James maintains an Outperform rating on Franklin BSP Realty Trust and raises the price target from $13.5 to $14.5.
The news of Raymond James maintaining an Outperform rating and raising the price target for Franklin BSP Realty Trust (FBRT) is positive for the stock. This indicates that the analyst believes the stock will outperform its peers in the short term. The higher price target suggests an increased potential for capital appreciation, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100