Raymond James Maintains Outperform on Rithm Capital, Lowers Price Target to $11.5
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Stephen Laws maintains an Outperform rating on Rithm Capital (NYSE:RITM) but lowers the price target from $12 to $11.5.
May 23, 2023 | 11:08 am
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Raymond James maintains an Outperform rating on Rithm Capital (NYSE:RITM) but lowers the price target from $12 to $11.5.
The news directly mentions Rithm Capital (NYSE:RITM) and the lowered price target by Raymond James. While the Outperform rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a slightly less optimistic outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100