Raymond James Maintains Strong Buy on TPG RE Finance Trust, Lowers Price Target to $8.5-Report Released on 29th November 2023
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws has maintained a Strong Buy rating on TPG RE Finance Trust (NYSE:TRTX) but has lowered the price target from $9 to $8.5.
November 30, 2023 | 8:33 pm
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NEUTRAL IMPACT
Raymond James analyst Stephen Laws maintains a Strong Buy rating on TPG RE Finance Trust but reduces the price target from $9 to $8.5.
While the Strong Buy rating reaffirms confidence in TPG RE Finance Trust's fundamentals, the reduction in price target may reflect a slight adjustment in valuation expectations, which could lead to a neutral short-term impact on the stock price as investors digest the mixed signals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100