Alliance Global Partners lowered the firm’s price target on Sunrise Realty Trust (SUNS) to $12.50 from $14 and keeps a Buy rating on the shares. The company provided a preliminary update for Q1 that showed loan commitments of $147.5M, the analyst tells investors in a research note. The firm adjusted Sunrise’s estimate to reflect the Q1 update.
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Read More on SUNS:
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- Sunrise Realty Trust price target lowered to $10.75 from $12.25 at Keefe Bruyette
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