KKR Real Estate Finance price target raised to $14.50 from $13.00 at JMP Securities

JMP Securities analyst Steven DeLaney raised the firm’s price target on KKR Real Estate Finance to $14.50 from $13.00 and keeps an Outperform rating on the shares following the Q3 earnings report and the firm’s review of the Form 10-Q. KKR Real Estate Finance remains in a defensive stance with a focus on liquidity as the company works through problem loans, the analyst tells investors in a research note.