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KKR Real Estate price target lowered to $8.75 from $9.50 at Keefe Bruyette

Keefe Bruyette analyst Jade Rahimi lowered the firm’s price target on KKR Real Estate Finance (KREF) to $8.75 from $9.50 and keeps a Market Perform rating on the shares. The firm reduced estimates post the Q3 report to reflect the timing of capital deployment given lower originations and elevated repayments.

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