Manhattan Bridge Capital Inc (LOAN) Gets a Buy Rating from Maxim Group

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Maxim Group set a $8.00 price target on Manhattan Bridge Capital (NASDAQ:LOAN) in a report published on Wednesday morning, TipRanks reports. The brokerage currently has a buy rating on the credit services provider’s stock. Shares of NASDAQ LOAN traded up $0.05 during midday trading on Wednesday, reaching $6.20. 12,973 shares of the stock were exchanged, [.]

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Manhattan Bridge Capital, Inc. engages in originating, servicing, and managing a portfolio of first mortgage loans. It offers short-term, secured, non-banking loans to real estate investors to.

Loan Application Hard Money Loans In NY Since 1989. As the most trusted hard money lender, Manhattan Bridge Capital works hard to provide its investors with the tools necessary to help their business thrive. Our established and experienced staff support our clients in delivering short-term financing that offers consistent returns at low risk.

In a report issued on July 2, Michael Diana from Maxim Group maintained a Buy rating on Manhattan Bridge Capital Inc (LOAN – Research Report), with a price target of $7.50.The company’s shares closed yesterday at $6.45. According to TipRanks.com, Diana is a 5-star analyst with an average return of 6.4% and a 58.0% success rate.

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LOAN | Complete Manhattan Bridge Capital Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

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1 Wall Street analysts have issued ratings and price targets for Manhattan Bridge Capital in the last 12 months. Their average twelve-month price target is $8.00, suggesting that the stock has a possible upside of 33.33%.

Less than a week after the federal government offered an $85 billion bailout to insurance giant AIG, the company held a week-long retreat for its executives at the luxury St. Regis Resort in Monarch.