Sachem Capital price target lowered to $1.25 from $2 at Alliance Global

Alliance Global Partners analyst Gaurav Mehta lowered the firm’s price target on Sachem Capital (SACH) to $1.25 from $2 and keeps a Neutral rating on the shares following the Q4 report. The firm awaits clear signs of stabilization of the company’s business and an upward trajectory of loan originations.