TPG RE Finance price target raised to $10 from $9.50 at JMP Securities

JMP Securities raised the firm’s price target on TPG RE Finance to $10 from $9.50 and keeps an Outperform rating on the shares. TPG RE Finance Trust has been able to reposition the company to take advantage of an attractive re-emerging commercial real estate lending environment with low leverage and ample liquidity, the analyst tells investors in a research note.