Zacks Investment Research downgraded shares of ISTAR FINL INC (SFI) from OUTPERFORM to NEUTRAL on February 08, 2012, with a target price of $8.20.
iStar Financial Inc. is the leading publicly traded finance company focused on the commercial real estate industry. The company, which is taxed as a real estate investment trust, provides structured mortgage, mezzanine and lease financing through its origination, acquisition and servicing platform. The company's mission is to maximize risk-adjusted returns on equity by providing innovative and value-added financing solutions to private and corporate owners of real estate nationwide. (PRESS RELEASE)
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