JMP Securities analyst Steven DeLaney raised the firm’s price target on Ladder Capital to $13 from $12 and keeps an Outperform rating on the shares. Ladder’s Q2 distributable EPS beat consensus, comfortably covering the dividend, the analyst tells investors in a research note.
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Read More on LADR:
- Ladder Capital reports Q2 EPS 33c, consensus 32c
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- Ladder Capital price target lowered to $12.00 from $12.50 at JMP Securities