JMP Securities Maintains Market Outperform on ACRES Commercial Realty, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on ACRES Commercial Realty and raised its price target from $16.5 to $17.5, indicating a positive outlook for the company's stock.
September 25, 2024 | 10:57 am
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JMP Securities has increased its price target for ACRES Commercial Realty from $16.5 to $17.5, maintaining a Market Outperform rating. This suggests confidence in the company's future performance.
The increase in price target from $16.5 to $17.5 by JMP Securities, along with the maintained Market Outperform rating, indicates a positive sentiment from analysts. This is likely to boost investor confidence and could lead to a short-term increase in ACR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100