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Enter Symbol:
Rating: RAS
Neutral $3.50
down 64.00 %

Rait Financial Trust (NYSE: RAS) downgraded to Neutral with price target $3.50 by Compass Point

Thursday,  Dec 10, 2015  10:25 AM ET by Dave Ficere

Compass Point downgraded Rait Financial Trust (NYSE: RAS) to Neutral with price target $3.50. Previously Compass Point rated Buy with price target $10 Rait Financial
Trust (NYSE: RAS) on 04/08/2013, when the stock price was $7.59. Since then, Rait Financial Trust's stock price has lost 64% as of 12/10/2015's recent price of $2.72.
If you would have followed the previous Compass Point's recommendation on RAS, you would have lost 64% of your investment in 976 days.

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.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.



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