Raymond James raises Starwood Property Trust PT

Starwood Property Trust (Maryland)

28/08/2024 12:55

** Raymond James raises PT on Starwood Property Trust
 STWD.N  by $2 to $25 
    ** Brokerage says business diversification a "material
differentiator" for STWD versus peers; adds rating reflects
strong balance sheet and outlook for distributable earnings and
book value growth
    ** 5 of 9 brokerages rate the stock "buy" or higher, 4
"hold"
    ** Up to Monday's close, stock had fallen ~2.5% YTD 

 (Reporting by Utkarsh Shetti in Bengaluru)
 ((UtkarshUmesh.Shetti@thomsonreuters.com;))