Raymond James Maintains Outperform on KKR Real Estate Finance, Lowers Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws maintains an Outperform rating on KKR Real Estate Finance (NYSE:KREF) but lowers the price target from $14 to $13.5.
October 23, 2024 | 2:27 pm
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NEUTRAL IMPACT
Raymond James maintains an Outperform rating on KKR Real Estate Finance but reduces the price target from $14 to $13.5, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in KREF's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100