Keefe Bruyette lowered the firm’s price target on Ares Commercial (ACRE) to $4.50 from $5.50 and keeps a Market Perform rating on the shares. Some CMREITs are positioned to benefit from stronger loan originations and credit resolutions in 2025, while others remain weighed down by ongoing credit and liquidity challenges, the analyst tells investors in a research note.
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Read More on ACRE:
- Ares Commercial price target lowered to $5 from $7 at BofA
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