trending Market Intelligence /marketintelligence/en/news-insights/trending/a9hcoF6tN54A7NnKh_a6eA2 content esgSubNav
In This List

Deutsche Bank Securities upgrades Blackstone Mortgage, Arbor Realty to 'buy'

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition


Deutsche Bank Securities upgrades Blackstone Mortgage, Arbor Realty to 'buy'

Deutsche Bank Securities Inc. analyst George Bahamondes upgraded his ratings on Blackstone Mortgage Trust Inc.'s and Arbor Realty Trust Inc.'s shares to "buy" from "hold," citing their current valuations compared to his target prices.

The analyst's price target for Blackstone Mortgage is $35. He lowered Arbor Realty's stock price target to $11.00 from $11.50.

"Broadly, we believe credit-driven portfolio characteristics, supply-demand dynamics, investment opportunities, and the credit outlook make companies like [Blackstone Mortgage] and [Arbor Realty] well positioned from a dividend coverage and book value perspective," wrote the analyst.