JMP Securities lowered the firm’s price target on Greystone Housing Impact to $19 from $21 and keeps an Outperform rating on the shares. The Q4 results show Greystone is off to a strong start, and JMP Securities thinks it will continue to harvest gains from its equity investments through 2024, and that management has largely hedged for interest rate risk through interest rate swaps, the analyst tells investors in a research note.
Published first on TheFly
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