RBC Capital Reiterates Outperform on Rithm Capital, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on Rithm Capital (NYSE:RITM) and maintained a $12 price target.
August 18, 2023 | 2:18 pm
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RBC Capital has reiterated an Outperform rating on Rithm Capital and maintained a $12 price target.
The reiteration of an Outperform rating by RBC Capital indicates a positive outlook for Rithm Capital. The maintained price target of $12 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100