Keefe Bruyette lowered the firm’s price target on Granite Point Mortgage (GPMT) to $1.50 from $1.65 and keeps a Market Perform rating on the shares.
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Read More on GPMT:
- Granite Point Mortgage Trust Maps Painful Turnaround
- GPMT Earnings this Week: How Will it Perform?
- Granite Point Mortgage price target lowered to $1.65 from $2.05 at Keefe Bruyette
- Granite Point announces sale of hotel loan, resolution of risk-rated ‘5’ loan
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