Stocks
Starwood Property Trust Price Target Cut by JPMorgan Chase & Co.
Starwood Property Trust (NYSE:STWD) saw its price target reduced by analysts at JPMorgan Chase & Co. from $19.00 to $18.50 in a research note issued on Tuesday.
The firm currently has an 'overweight' rating on the real estate investment trust's stock, suggesting a potential upside of 14.37% from its current price.
This is not the only revision made recently; Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust to $18.50 and set an 'outperform' rating for the company in a research note on August 7th.