B. Riley Securities Maintains Buy on Cherry Hill Mortgage, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett maintains a 'Buy' rating on Cherry Hill Mortgage (NYSE:CHMI) but lowers the price target from $6 to $5.5.
August 31, 2023 | 1:25 pm
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B. Riley Securities maintains a 'Buy' rating on Cherry Hill Mortgage but lowers the price target from $6 to $5.5.
The news is directly related to Cherry Hill Mortgage. The 'Buy' rating indicates a positive outlook, however, the lowering of the price target may indicate a potential downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100