Piper Sandler lowered the firm’s price target on Ready Capital (RC) to $2 from $2.50 and keeps a Neutral rating on the shares. The firm notes that after reporting results, shares were up 13%-plus on trading Friday. However, shares are still down 15% year-to-date and down 70%-plus over the past year. Piper is decreasing its 2026 and 2027 estimates.
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