Raymond James Maintains Outperform on Franklin BSP Realty Trust, Raises Price Target to $15
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 $14.5 to $15.
August 11, 2023 | 12:21 pm
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Raymond James maintains an Outperform rating on Franklin BSP Realty Trust and raises the price target from $14.5 to $15. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by Raymond James indicates that they expect Franklin BSP Realty Trust to do better than the market average. The increase in the price target from $14.5 to $15 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100