JMP Securities Upgrades Franklin BSP Realty Trust to Market Outperform, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney has upgraded Franklin BSP Realty Trust (FBRT) from Market Perform to Market Outperform and set a price target of $15.
January 10, 2024 | 11:33 am
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POSITIVE IMPACT
Franklin BSP Realty Trust was upgraded by JMP Securities from Market Perform to Market Outperform with a new price target of $15.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a better outlook for the company. The new price target of $15 implies a potential upside from the current trading price, which can attract investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100