JMP Securities Maintains Market Outperform on Arbor Realty Trust, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney maintains a Market Outperform rating on Arbor Realty Trust (NYSE:ABR) but lowers the price target from $17 to $16.
June 20, 2024 | 11:41 am
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Arbor Realty Trust but lowers the price target from $17 to $16.
The Market Outperform rating suggests continued confidence in Arbor Realty Trust's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100