Wedbush Reiterates Outperform on Rithm Capital, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has reiterated an Outperform rating on Rithm Capital (NYSE:RITM) and maintained a $12 price target.
August 04, 2023 | 1:10 pm
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Wedbush analyst has reiterated an Outperform rating on Rithm Capital and maintained a $12 price target, indicating positive sentiment.
The reiteration of an Outperform rating by a Wedbush analyst indicates a positive sentiment towards Rithm Capital. The maintained price target of $12 also suggests that the analyst believes the stock is undervalued, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100