Credit Suisse Starts Starwood Property Trust (STWD) at Outperform (Earlier)

Credit Suisse initiates coverage on Starwood Property Trust (NYSE: STWD) with a Outperform rating and a price target of $26.00.

Analyst D. Harter said the coming maturities of the pre-crisis CMBS should drive increased specialty servicing volumes and profitability for LNR. This should allow for increased ROE.

For an analyst ratings summary and ratings history on Starwood Property Trust click here. For more ratings news on Starwood Property Trust click here.

Shares of Starwood Property Trust closed at $24.19 yesterday.

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