Citizens cuts Bright Spire Capital stock price target on rate concerns
Citizens reduced its price target for Bright Spire Capital (NYSE:BRSP) to $6.00 from $7.00, citing interest rate concerns, while maintaining a Market Outperform rating. The stock trades near its 52-week low at $3.79. Bright Spire reported Q2 2026 earnings below expectations, with adjusted distributable earnings of $0.13 per share and revenue of $55.4 million. The company is rotating capital into its core senior lending strategy and completed a $300 million real estate sale.



