JP Morgan Maintains Overweight on KKR Real Estate Finance, Lowers Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on KKR Real Estate Finance (NYSE:KREF) but lowers the price target from $10 to $9.5.

July 16, 2024 | 2:39 pm
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JP Morgan analyst Richard Shane maintains an Overweight rating on KKR Real Estate Finance (NYSE:KREF) but lowers the price target from $10 to $9.5.
The lowered price target from $10 to $9.5 suggests a more cautious outlook on KREF's short-term performance, which could lead to a negative impact on the stock price despite the maintained Overweight rating.
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