Keefe, Bruyette & Woods Upgrades KKR Real Estate Finance to Outperform, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has upgraded KKR Real Estate Finance (KREF) from Market Perform to Outperform, raising the price target from $11.5 to $13.
September 05, 2024 | 10:55 am
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Keefe, Bruyette & Woods has upgraded KKR Real Estate Finance (KREF) from Market Perform to Outperform, with a new price target of $13, indicating a positive outlook.
The upgrade from Market Perform to Outperform by a reputable analyst firm suggests increased investor confidence in KREF's future performance. The raised price target from $11.5 to $13 indicates expectations of a higher valuation, likely leading to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100