Piper Sandler Maintains Underweight on Arbor Realty Trust, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Crispin Love maintains an Underweight rating on Arbor Realty Trust (NYSE:ABR) and raises the price target from $12 to $12.5.
August 05, 2024 | 12:46 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Underweight rating on Arbor Realty Trust (NYSE:ABR) and raises the price target from $12 to $12.5.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target to $12.5 indicates some positive sentiment. Overall, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100