KKR Real Estate: Wells Fargo maintains a 'Overweight' Rating, The Target Price is $10

Wells Fargo maintains 'Overweight' rating on KKR Real Estate(KREF).

The target price is $10, compare with $11 previously.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2025-10-24	Wells Fargo	Maintains	Overweight	Overweight	$10	$11
2025-10-23	Keefe, Bruyette & Woods	Maintains	Market Perform	Market Perform	$8.75	$9.5
2025-10-23	JP Morgan	Maintains	Neutral	Neutral	$8.5	$9
2025-10-20	JP Morgan	Downgrades	Neutral	Overweight	$9	$9.5

[Recent Earning Results] Kkr Real Estate posted the Q3 of its 2025 financial results on 10/21/2025, reporting total revenue of USD 15.66 million in the first three quarters, down 37.00% from USD 24.85 million year over year, reporting net income of USD -23.55 million in the first three quarters, compare with USD 14.77 million in the same period last year.

[Company Profile] KKR Real Estate Finance Trust Inc. was incorporated in Maryland on October 2, 2014. KREF is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by CRE assets. Their investment strategy is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with strong underlying fundamentals.