JMP Securities Maintains Market Outperform on Starwood Prop Trust, Lowers Price Target to $24
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Steven Delaney has maintained a 'Market Outperform' rating on Starwood Prop Trust (NYSE:STWD), but lowered the price target from $26 to $24.

July 14, 2023 | 12:35 pm
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Starwood Prop Trust's price target has been lowered from $26 to $24 by JMP Securities, though the 'Market Outperform' rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Market Outperform' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100