JP Morgan Maintains Overweight on KKR Real Estate Finance, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on KKR Real Estate Finance (KREF) but lowers the price target from $12 to $11.5.

February 08, 2024 | 9:50 pm
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JP Morgan maintains an Overweight rating on KKR Real Estate Finance but lowers the price target from $12 to $11.5.
While the reduction in the price target could suggest a slightly less optimistic outlook on KREF's stock price potential, the maintenance of an Overweight rating indicates a continued positive view on the company's fundamentals. This mixed signal might lead to a neutral short-term impact on KREF's stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100