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 08, 2023 | 12:32 pm
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Wedbush analyst has reiterated an Outperform rating on Rithm Capital and maintained a $12 price target.
The reiteration of an Outperform rating by a reputable analyst like Jay McCanless from Wedbush is a positive signal for Rithm Capital. The maintained price target of $12 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100