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Enter Symbol:
Rating: RAS
Buy $9

Rait Financial Trust (NYSE: RAS) upgraded to Buy with price target $9 by MLV & Co

Wednesday,  Sep 17, 2014  11:25 AM ET by Lynn Gilbert

MLV & Co upgraded Rait Financial Trust (NYSE: RAS) to Buy with price target $9. Previously, MLV & Co rated
Rait Financial Trust (NYSE: RAS) to Hold with price target $5.06 on 09/11/2012, when the stock price was valued at $5.12. Since then, Rait Financial Trust's stock price has gained 54% as of 09/17/2014's recent price of $7.90.

RAIT Financial Trust, a real estate investment trust, originates secured and unsecured credit facilities including bridge and mezzanine loans, preferred equity investments, trust preferred securities and subordinated debt for private and corporate owners of commercial real estate, REITs and real estate operating companies and their intermediaries throughout the United States. It is a leading diversified real estate finance company focused on the commercial real estate industry. RAIT originates secured and unsecured product including bridge and mezzanine loans, preferred equity investments, trusts preferred securities and subordinated debt, for private and corporate owners of commercial real estate, REIT's and real estate operating companies and their intermediaries throughout the United States.

MLV & Co is a boutique investment bank and institutional broker-dealer focused on providing independent financial advice and unique capital markets expertise to corporate and institutional clients in capital intensive industries such as metals and mining, life sciences, energy and real estate. With a focus on raising money efficiently for clients, MLV has rapidly become a leader in the At-the-Market(ATM) transaction market.



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