ACRES Commercial Realty Corp. price target raised to $17.50 from $16.50 at JMP Securities

JMP Securities analyst Chris Muller raised the firm’s price target on ACRES Commercial Realty Corp. to $17.50 from $16.50 and keeps an Outperform rating on the shares. Following the release of Q2 results and the firm’s review of the filed Form 10-Q, ACRES Commercial Realty Corp. remains well positioned to ramp up lending with a healthy liquidity position and solid credit performance in the loan portfolio, the analyst tells investors in a research note.