Raymond James Downgrades Lument Finance Trust to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws has downgraded Lument Finance Trust (NYSE:LFT) from Outperform to Market Perform.
September 19, 2024 | 11:18 am
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NEGATIVE IMPACT
Raymond James has downgraded Lument Finance Trust from Outperform to Market Perform, indicating a less favorable outlook.
The downgrade from Outperform to Market Perform by a reputable analyst like Raymond James suggests a less optimistic view on Lument Finance Trust's near-term performance, likely leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100