JonesTrading Downgrades Western Asset Mortgage to Hold
Portfolio Pulse from Benzinga Newsdesk
JonesTrading analyst Jason Stewart has downgraded Western Asset Mortgage (NYSE:WMC) from Buy to Hold.
June 28, 2023 | 4:59 pm
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Western Asset Mortgage has been downgraded from Buy to Hold by JonesTrading analyst Jason Stewart.
The downgrade from Buy to Hold by JonesTrading analyst Jason Stewart indicates a less optimistic outlook for Western Asset Mortgage. This could potentially lead to a decrease in the stock's price in the short term.
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