Raymond James double downgraded NexPoint Real Estate Finance to Market Perform from Strong Buy without a price target. The analyst believes the stock’s risk/reward is more balanced at current valuations. The firm says the shares currently trade above its previous target and basically in line with June 30 book value.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NREF:
- NexPoint Real Estate Finance, Inc. Announces Series A Preferred Stock Dividend
- NexPoint Real Estate Finance sees Q3 EPS 45c-55c, consensus 48c
- NexPoint Real Estate Finance reports Q2 EPS 40c, consensus 45c
- NREF Announces Second Quarter 2024 Results, Provides Third Quarter 2024 Guidance
- NexPoint Real Estate Finance, Inc. Announces Quarterly Dividend