BTIG upgraded BrightSpire Capital to Buy from Neutral with a $7 price target. The firm expects the company to grow its loan book another 30% in 2026 given the spike in Q4 origination activity and \"low-levered\" balance sheet. BrightSpire is \"well on its way\" to achieving the \"two key drivers\" for 2026 share outperformance - portfolio growth and sustainable earnings growth, the analyst tells investors in a research note.
