B of A Securities Downgrades Starwood Prop Trust to Neutral
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Eric Dray downgraded Starwood Prop Trust (NYSE:STWD) from Buy to Neutral, indicating a change in the investment firm's outlook on the company.
March 04, 2024 | 1:11 pm
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Starwood Prop Trust was downgraded from Buy to Neutral by B of A Securities analyst Eric Dray, potentially impacting investor sentiment.
Downgrades by analysts, especially from a Buy to a Neutral rating, can lead to negative investor sentiment in the short term as it suggests a less optimistic outlook on the company's future performance.
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