Analyst RatingThe analyst reiterates a Market Outperform rating and increases the price target for Acres Commercial Realty Corp.
Financial PerformanceThe book value of ACRES Commercial Realty Corp. increased to $28.87 per share, showing growth in the company's value.
Shareholder ValueThe company repurchased 155K shares of its common stock, which increased book value per share, indicating a strategy to enhance shareholder value.