Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Ready Capital (RC) to $3.75 from $4 and keeps an Underperform rating on the shares. The firm remains cautious due to credit, ongoing uncertainty, and limited long-run earnings visibility, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RC: