JMP Securities Maintains Market Outperform on Arbor Realty Trust, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Arbor Realty Trust and raised its price target from $16 to $16.5.
September 27, 2024 | 11:12 am
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JMP Securities has reaffirmed its positive outlook on Arbor Realty Trust by maintaining a Market Outperform rating and increasing the price target to $16.5.
The increase in the price target from $16 to $16.5 by JMP Securities suggests a positive outlook for Arbor Realty Trust. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100