BTIG Maintains Buy on Franklin BSP Realty Trust, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Sarah Barcomb maintains a Buy rating on Franklin BSP Realty Trust (FBRT) but lowers the price target from $15 to $14.

April 17, 2024 | 4:38 pm
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NEUTRAL IMPACT
BTIG maintains a Buy rating on Franklin BSP Realty Trust but lowers the price target from $15 to $14.
The adjustment in price target by BTIG, while maintaining a Buy rating, suggests a positive outlook on FBRT's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the maintained confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100