UBS Downgrades Ready Capital (RC) to $2.75 from $3.50, Keeps a Neutral Rating

Ready Capital Corporation (NYSE:RC) is one of the best NYSE penny stocks to invest in right now. On November 14, UBS lowered the firm’s price target on Ready Capital to $2.75 from $3.50 and maintained a Neutral rating on the shares.

Earlier on November 12, Keefe Bruyette cut the price target on Ready Capital to $2.50 from $3.50 and kept an Underperform rating on the shares. Keefe Bruyette remains cautious on the company due to credit uncertainty, as well as limited long-run earnings visibility.

UBS Downgrades Ready Capital (RC) to $2.75 from $3.50, Keeps a Neutral Rating

A few days before the announcement of this sentiment, Ready Capital Corp reported its Q3 2025 financial results. The quarter was defined by a decline in core interest income, along with credit uncertainty. Net Interest Income declined to $10.5 million due to a reduction in the loan portfolio and negative credit migration. Indicating potential credit risk, the total loan portfolio’s delinquency rate reached 5.9%.

Discussions regarding the company’s future strategy focused heavily on managing debt and addressing the limited long-run earnings visibility tied to market access and leverage.

Ready Capital Corporation (NYSE:RC) operates as a real estate finance company in the US. It operates through two segments: LMM Commercial Real Estate and Small Business Lending.

While we acknowledge the potential of RC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.