B of A Securities Downgrades TPG RE Finance Trust to Underperform, Announces $6.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Eric Dray downgrades TPG RE Finance Trust (TRTX) from Neutral to Underperform with a new price target of $6.5.

March 04, 2024 | 1:05 pm
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TPG RE Finance Trust downgraded from Neutral to Underperform by B of A Securities with a price target of $6.5.
Downgrades by analysts, especially from neutral to underperform, typically lead to negative sentiment among investors and can result in a decrease in stock price. The setting of a specific price target provides a benchmark that may influence investor expectations and market valuation of the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100