Credit Suisse Maintains Outperform on PennyMac Mortgage, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Douglas Harter maintains an Outperform rating on PennyMac Mortgage (NYSE:PMT) but lowers the price target from $15 to $14.

July 31, 2023 | 12:35 pm
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Credit Suisse has maintained an Outperform rating on PennyMac Mortgage but lowered the price target from $15 to $14.
The news is directly about PennyMac Mortgage. While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100