Starwood Property Trust Reports Results for Quarter Ended March 31, 2024

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Starwood Property Trust (STWD) PT Lowered to $21 at BofA Securities

May 10, 2024 5:32 AM EDT

BofA Securities analyst Eric Dray lowered the price target on Starwood Property Trust (NYSE: STWD) to $21.00 (from $21.50) while maintaining a Neutral rating.

The analyst comments "Starwood Property Trust (STWD) reported solid 1Q results with distributable earnings (DE) / share of $0.59 (incl $0.08 of 1x... More