Jefferies Initiates Coverage On PennyMac Financial Servs with Buy Rating, Announces Price Target of $85
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Kyle Joseph has initiated coverage on PennyMac Financial Servs (NYSE:PFSI) with a Buy rating and a price target of $85.

July 17, 2023 | 10:09 am
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Jefferies has initiated coverage on PennyMac Financial Servs with a Buy rating and a price target of $85, which could positively impact the stock's performance.
The initiation of coverage by Jefferies with a Buy rating indicates a positive outlook for PennyMac Financial Servs. The price target of $85 suggests a potential upside, which could attract investors and drive the stock price up in the short term.
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