JMP Securities Maintains Market Outperform on KKR Real Estate Finance, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Steven Delaney maintains a Market Outperform rating on KKR Real Estate Finance (NYSE:KREF) but lowers the price target from $15 to $14.
August 30, 2023 | 1:38 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on KKR Real Estate Finance but lowers the price target from $15 to $14.
The news is directly related to KKR Real Estate Finance (KREF). While the maintained Market Outperform rating is positive, the lowered price target from $15 to $14 might have a neutral impact on the stock as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100