JMP Securities Reiterates Market Outperform on Lument Finance Trust, Maintains $2.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney has reiterated a Market Outperform rating on Lument Finance Trust (NYSE:LFT) and maintained a $2.5 price target.

September 12, 2023 | 12:06 pm
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JMP Securities has reiterated a Market Outperform rating on Lument Finance Trust and maintained a $2.5 price target, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, JMP Securities has reiterated a Market Outperform rating on LFT, indicating that they expect the stock to outperform the market. They have also maintained a $2.5 price target, suggesting that they believe the stock is currently undervalued. This could lead to increased investor interest and a potential rise in the stock's price.
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