Citigroup Maintains Neutral on KKR Real Estate Finance, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Arren Cyganovich has maintained a Neutral rating on KKR Real Estate Finance (NYSE:KREF) and raised the price target from $11 to $12.
July 26, 2023 | 2:23 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on KKR Real Estate Finance and raised the price target from $11 to $12.
The news is directly about KKR Real Estate Finance. The Neutral rating indicates that Citigroup does not expect the stock to outperform or underperform the market in the short term. However, the increase in price target from $11 to $12 suggests a positive outlook for the stock. The impact on the stock price in the short term is uncertain, hence the score of 0.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100