Ladenburg Thalmann Downgrades Ready Capital to Neutral
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Christopher Nolan downgraded Ready Capital (NYSE:RC) from Buy to Neutral, indicating a change in the firm's outlook on the stock.

May 10, 2024 | 1:31 pm
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Ready Capital was downgraded by Ladenburg Thalmann from Buy to Neutral, reflecting a more cautious stance on the company's stock by the analyst.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they suggest a less optimistic outlook on the company's future performance. This downgrade from Buy to Neutral indicates a shift to a more cautious view by Ladenburg Thalmann, which could lead investors to reassess their positions in Ready Capital.
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