Ready Capital's Stock Gets The Reverse Midas Touch From Analysts
Key Points
- Ready Capital faces multiple analyst downgrades, with target...
Looks like Ready Capital could use some financial therapy after multiple analysts decided to rain on its parade with a series of downgrades that would make even an optimist reach for their comfort blanket.
Analysts Play "Pin the Lower Price Target"
UBS Group just joined the downgrade party by trimming Ready Capital's price target from $5.00 to $4.75, maintaining their "neutral" rating - because apparently, they're trying to let RC down easy. With a projected upside of just 9.07%, it's about as exciting as watching paint dry in slow motion.
The Downgrade Domino Effect
The hits keep coming...
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