Keefe, Bruyette & Woods Maintains Underperform on Claros Mortgage Trust, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jade Rahmani maintains an Underperform rating on Claros Mortgage Trust (NYSE:CMTG) and lowers the price target from $8.5 to $8.
August 12, 2024 | 2:17 pm
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Keefe, Bruyette & Woods analyst Jade Rahmani maintains an Underperform rating on Claros Mortgage Trust (NYSE:CMTG) and lowers the price target from $8.5 to $8.
The Underperform rating and lowered price target from $8.5 to $8 by Keefe, Bruyette & Woods suggest a negative outlook for Claros Mortgage Trust. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100