Credit Suisse Reiterates Underperform on Invesco Mortgage Capital, Maintains $10.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Douglas Harter has reiterated an 'Underperform' rating on Invesco Mortgage Capital (NYSE:IVR) and maintained a price target of $10.5.
August 08, 2023 | 12:05 pm
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Credit Suisse has reiterated an 'Underperform' rating on Invesco Mortgage Capital, maintaining a price target of $10.5.
The 'Underperform' rating from Credit Suisse suggests that the analyst believes Invesco Mortgage Capital's stock will do worse than the market average. This could potentially lead to a decrease in the stock's price in the short term.
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