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ACRE
Benzinga
1 min

Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 10% Dividend Yields

1. ACRE has a high dividend yield of 12.22%, attracting investors. 2. Analyst Jade Rahmani raised ACRE's price target from $4.5 to $4.75. 3. ACRE reported better-than-expected third-quarter results on Nov. 7. 4. Analyst coverage remains cautious with a Market Perform rating.

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FAQ

Why Bullish?

The increase in price target signals a positive outlook for ACRE. Historical examples show similar upgrades often lead to price gains.

How important is it?

The article provides significant insights into ACRE's recent performance and analyst sentiment. High dividend yield and upgraded price target likely attract investor interest.

Why Short Term?

The recent quarterly report may influence stock price in the next few months. Market reactions to earnings reports typically manifest quickly.

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