RBC Capital Reiterates Outperform on Annaly Capital Management, Maintains $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on Annaly Capital Management (NYSE:NLY) and maintained a $22 price target.
August 01, 2023 | 2:16 pm
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RBC Capital has reiterated an Outperform rating on Annaly Capital Management and maintained a $22 price target, which could positively influence the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, RBC Capital's reiteration of an Outperform rating and maintenance of a $22 price target for Annaly Capital Management indicates a positive outlook for the company, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100