JP Morgan Upgrades TPG RE Finance Trust to Overweight, Raises Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has upgraded TPG RE Finance Trust (NYSE:TRTX) from Neutral to Overweight and increased the price target from $9 to $9.5.
October 17, 2024 | 12:23 pm
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POSITIVE IMPACT
JP Morgan has upgraded TPG RE Finance Trust to Overweight and raised the price target to $9.5, indicating a positive outlook on the stock.
The upgrade from Neutral to Overweight by a major financial institution like JP Morgan suggests increased confidence in TRTX's performance. The raised price target further supports a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100