Claros Mortgage Trust's (CMTG) Target Price Lowered by UBS, Maintaining 'Buy' Rating

UBS maintains a "Buy" rating on Claros Mortgage Trust (CMTG) but lowers its target price from $4.50 to $4.00, a decrease of 11.11%. The average target price from 3 analysts is $3.50, with a high estimate of $4.50 and a low estimate of $3.00, implying an upside of 15.32% from the current price of $3.04. The average brokerage recommendation is currently 3.2, indicating a "Hold" status. The estimated GF Value for CMTG in one year is $0.02, suggesting a downside of 99.34% from the current price.