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Blackstone Mortgage Trust Inc. Cl A (BXMT) [hlAlert]

up 9.92 %

Blackstone Mortgage Trust Inc. Cl A (BXMT) upgraded to Outperform by Wells Fargo

Posted on: Thursday,  Aug 1, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Blackstone Mortgage Trust Inc. Cl A (NYSE: BXMT) on 08/01/2013, when the stock price was $25.68.
Since then, Blackstone Mortgage Trust Inc. Cl A has gained 9.93% as of 01/25/2016's recent price of $28.23.
If you would have followed this Wells Fargo's recommendation on BXMT, you would have gained 9.92% of your investment in 907 days.

Capital Trust, Inc. is a real estate finance and investment management company that specializes in credit sensitive financial products. The Company?s investment programs are focused on loans and securities backed by commercial real estate assets. The Company invests for its own account and for third parties through a series of investment management vehicles. Capital Trust, Inc. conducts its operations as a real estate investment trust (REIT). All of the Company?s investment management activities are conducted through its wholly owned, investment management subsidiary, CT Investment Management Co., LLC (CTIMCO).

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2013 8:25 AM Buy
as of 12/13/2013
1 Week up  0.78 %
1 Month up  8.95 %
3 Months up  3.30 %
1 YTD up  4.71 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2013 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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