Raymond James Upgrades Franklin BSP Realty Trust to Strong Buy, Maintains Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws upgraded Franklin BSP Realty Trust (FBRT) from Outperform to Strong Buy, while maintaining the price target at $15.
April 12, 2024 | 12:16 pm
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POSITIVE IMPACT
Franklin BSP Realty Trust was upgraded by Raymond James from Outperform to Strong Buy, with a steady price target of $15.
Upgrades by prominent analysts like Raymond James typically lead to positive short-term price movements as they reflect a strong confidence in the company's future performance. Maintaining a price target of $15 suggests a belief in the company's stable growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100