B. Riley lowered the firm’s price target on Ready Capital (RC) to $4 from $6 and keeps a Neutral rating on the shares as part of a review of the Q2 earnings from the mortgage finance group. Ready “continues to address balance sheet issues,” the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RC: