Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Granite Point Mortgage (GPMT) to $1.65 from $2.05 and keeps a Market Perform rating on the shares.
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Read More on GPMT:
- Granite Point announces sale of hotel loan, resolution of risk-rated ‘5’ loan
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- Granite Point Mortgage price target lowered to $2.05 from $2.50 at Keefe Bruyette
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