JMP Securities Maintains Market Outperform Rating for KKR Real Estate Finance: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JMP Securities has reaffirmed its Market Outperform rating for KKR Real Estate Finance (KREF) and increased its price target from $13.00 to $14.50. KREF's shares are currently trading at $13.00, and the new price target suggests a potential upside of 11.54%. KKR Real Estate Finance Trust Inc. specializes in senior mortgage loans secured by commercial real estate assets and aims to provide attractive risk-adjusted returns and capital preservation.
December 05, 2023 | 5:00 pm
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JMP Securities maintains a Market Outperform rating for KKR Real Estate Finance and raises the price target to $14.50, suggesting a potential 11.54% increase from the current price.
The reaffirmation of the Market Outperform rating and the increase in price target by JMP Securities are strong positive signals for investors, indicating analyst confidence in KREF's performance and potential growth. This could lead to increased investor interest and a potential short-term rise in KREF's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100