Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Ready Capital (RC) to $4 from $6.25 and keeps an Underperform rating on the shares. The firm expects the next few quarters to be challenging, the analyst tells investors in a research note.
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Read More on RC:
- UDF IV shareholders approve merger with Ready Capital
- Ready Capital Reports Q4 Loss, Adjusts Dividend
- Ready Capital’s Strategic Moves Amid Earnings Challenges
- Ready Capital downgraded at Citizens JMP after portfolio valuation reset
- Ready Capital downgraded to Market Perform from Outperform at Citizens JMP
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