JMP Securities Reiterates Market Outperform on Granite Point Mortgage, Maintains $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Steven Delaney has reiterated a Market Outperform rating on Granite Point Mortgage (NYSE:GPMT) and maintained a $9 price target.
August 17, 2023 | 12:10 pm
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JMP Securities has reiterated a Market Outperform rating on Granite Point Mortgage and maintained a $9 price target.
The reiteration of a Market Outperform rating and a maintained price target by JMP Securities indicates a positive outlook for Granite Point Mortgage. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100