JPMorgan analyst Richard Shane downgraded KKR Real Estate Financial Trust (NYSE: KREF) from Neutral to Underweight with a price target of $8.00 (from $6.00).

For an analyst ratings summary and ratings history on KKR Real Estate Financial Trust click here. For more ratings news on KKR Real Estate Financial Trust click here.

Shares of KKR Real Estate Financial Trust closed at $7.60 yesterday.