Keefe Bruyette lowered the firm’s price target on Ready Capital (RC) to $3.75 from $4.25 and keeps an Underperform rating on the shares. Keefe remains cautious due to credit uncertainty and limited long-run earnings visibility, the analyst tells investors in a research note.
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Read More on RC:
- Ready Capital price target lowered to $4 from $6 at B. Riley
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- Ready Capital price target raised to $4.25 from $3.75 at Keefe Bruyette