JP Morgan Maintains Overweight on KKR Real Estate Finance, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained an Overweight rating on KKR Real Estate Finance (NYSE:KREF) and raised the price target from $11.5 to $12.
October 17, 2024 | 2:19 pm
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JP Morgan has maintained an Overweight rating on KKR Real Estate Finance and increased the price target from $11.5 to $12, indicating a positive outlook.
The increase in price target from $11.5 to $12 by JP Morgan suggests a positive outlook for KKR Real Estate Finance. The Overweight rating indicates that the analyst expects the stock to outperform its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100