JonesTrading Maintains Buy on Franklin BSP Realty Trust, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JonesTrading analyst Jason Stewart maintains a Buy rating on Franklin BSP Realty Trust (FBRT) but lowers the price target from $16 to $15.
February 16, 2024 | 10:22 am
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NEUTRAL IMPACT
JonesTrading analyst Jason Stewart maintains a Buy rating on Franklin BSP Realty Trust but lowers the price target from $16 to $15.
The adjustment in price target by JonesTrading reflects a slight moderation in their valuation assessment of FBRT, while the maintenance of a Buy rating indicates continued positive outlook on the stock. This mixed signal could lead to neutral short-term price movement as investors digest both the continued endorsement and the reduced price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100