JMP Securities Raises Price Target for ACRES Commercial Realty to $23.50, Maintains "Market Outperform" Rating

JMP Securities has raised the price target for ACRES Commercial Realty (ACR) to $23.50, a 6.82% increase, maintaining its "Market Outperform" rating. The company's focus on commercial real estate investments has led to optimism about its market position. Analysts forecast an average target price of $22.00, with a high estimate of $22.00 and a low estimate of $22.00, indicating a 4.71% upside from the current price.