Piper Sandler Maintains Neutral on Ready Capital, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained a Neutral rating on Ready Capital (NYSE:RC) while lowering the price target from $9.5 to $8.
September 16, 2024 | 11:54 am
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Ready Capital and lowered the price target from $9.5 to $8, indicating a cautious outlook.
The lowering of the price target from $9.5 to $8 by Piper Sandler suggests a less optimistic view on Ready Capital's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100