Raymond James cuts Arbor Realty to 'market perform' after Q4 results

Arbor Realty Trust

24/02/2025 11:58

** Raymond James downgrades real estate investment trust
Arbor Realty  ABR.N  to "market perform" from "outperform"
rating after co's Q4 results last week
    ** Brokerage says the higher-for-longer interest rates have
created headwinds for ABR's business
    ** "2025 earnings and dividend guidance were below market
expectations" - Raymond James 
    ** As of last close, stock down ~13.4% YTD

    
 

 (Reporting by Prakhar Srivastava in Bengaluru)
 ((Prakhar.srivastava2@thomsonreuters.com))