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

FBR Capital Downgrades Resource Capital Corp (RSO) to Market Perform

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