J.P. Morgan Upgrades ABR, Downgrades AGNC and KREF Ahead of Q2 Earnings
Ahead of the second-quarter earnings season, J.P. Morgan upgraded Arbor Realty Trust (ABR) to Neutral while downgrading both AGNC Investment Corp (AGNC) and KKR Real Estate Finance Trust (KREF). The changes reflect shifting expectations around sustained higher interest rates.

Topics: Mortgage REITs Stock Ratings