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Fly News Breaks for February 25, 2019
STWD
Feb 25, 2019 | 16:39 EDT
BTIG analyst Benjamin Zucker started Starwood Property with a Buy rating and $25 price target, calling it the "most diversified company in our commercial MREIT peer group" and the "largest and most liquid CMREIT by a wide margin." He notes that the stock does not appear to reflect a valuation premium, though he believes it deserves one.
News For STWD From the Last 2 Days
STWD
Apr 17, 2024 | 07:15 EDT
BTIG lowered the firm's price target on Starwood Property to $23 from $24 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 among Commercial Mortgage REITs. The firm is citing lower portfolio churn, market volatility, and persistently higher rates in updating its estimates.
