Resource Capital (RSO) Reports Q3 FFO of $0.42; Non-CRE Businesses Being Reported as Discontinued Operations
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Go back to Resource Capital (RSO) Reports Q3 FFO of $0.42; Non-CRE Businesses Being Reported as Discontinued Operations
November 15, 2016 7:00 AM EST
FBR Capital downgraded Resource Capital Corp (NYSE: RSO) from Outperform to Market Perform with a price target of $9.75 (from $13.00).
Analyst Jessica Levi-Ribner commented, "We are downgrading Resource Capital to Market Perform from Outperform following its announcement of a strategic restructuring initiative in which the company will... More