Claros Mortgage Trust Amends Term Loan Agreement
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Claros Mortgage Trust, Inc. has amended its Term Loan Credit Agreement, requiring a $150 million prepayment of outstanding loans and adjusting financial covenants. The latest analyst rating for CMTG stock is a Hold with a $3.00 price target. Spark's AI Analyst rates CMTG as Neutral, citing poor financial performance, high leverage, and mixed technical signals. The company's market cap is $436.2 million, with an average trading volume of 525,784 shares.
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