JP Morgan Maintains Underweight on Arbor Realty Trust, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Underweight rating on Arbor Realty Trust (NYSE:ABR) but raises the price target from $12 to $13.5.
October 17, 2024 | 2:09 pm
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NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on Arbor Realty Trust but raises the price target from $12 to $13.5, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100