JP Morgan Maintains Neutral on Claros Mortgage Trust, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Claros Mortgage Trust (NYSE:CMTG) and raises the price target from $8.5 to $9.

July 16, 2024 | 2:36 pm
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JP Morgan analyst Richard Shane maintains a Neutral rating on Claros Mortgage Trust (NYSE:CMTG) and raises the price target from $8.5 to $9.
The raised price target from $8.5 to $9 suggests a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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