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New Residential, Ladder Capital among buys as Compass Point adds coverage

|About: New Residential Investme... (NRZ)|By:, SA News Editor

Analyst Jason Weaver today launches coverage on a number of real estate-related names.

Garnering Buy ratings are New Residential (NYSE:NRZ), Ladder Capital (NYSE:LADR), Two Harbors (NYSE:TWO), and TPG RE Finance (NYSE:TRTX). The price target for NRZ of $19 suggests 22.5% upside from last week's close.

Neutral ratings: Apollo Commercial (NYSE:ARI), Blackstone Mortgage (NYSE:BXMT), KKR Real Estate (NYSE:KREF), and PennyMac (NYSE:PMT).

No details are yet available.

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