JP Morgan Maintains Neutral on TPG RE Finance Trust, Raises Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained a Neutral rating on TPG RE Finance Trust (NYSE:TRTX) and increased the price target from $7 to $7.5.
April 10, 2024 | 1:10 pm
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JP Morgan has maintained a Neutral rating on TPG RE Finance Trust but raised the price target from $7 to $7.5.
The increase in price target by a reputable analyst like Richard Shane from JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100