NexPoint Real Estate Finance price target raised to $16 from $15.50 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on NexPoint Real Estate Finance (NREF) to $16 from $15.50 and keeps a Market Perform rating on the shares. The increased price target is driven by unchanged estimates, which bolsters confidence in the outlook, and modestly lower treasury rates, the analyst tells investors in a research note.