UBS AG assumed coverage on shares of Tremont Mortgage Trust (NASDAQ:TRMT) in a report published on Tuesday, 99wallstreet.com reports. The firm issued a buy rating and a $21.00 target price on the stock.
Separately, Citigroup Inc. began coverage on shares of Tremont Mortgage Trust in a research note on Monday. They issued a neutral rating and a $17.00 price objective for the company.
About Tremont Mortgage Trust
Tremont Mortgage Trust is a real estate investment trust. The Company is focused primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate (CRE). Its investments also include subordinated mortgages, mezzanine loans and preferred equity interests in entities that own middle market and transitional CRE.
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