UBS Upgrades Annaly Capital Management to Buy, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brock Vandervliet has upgraded Annaly Capital Management (NYSE:NLY) from Neutral to Buy and raised the price target from $21 to $24.
September 18, 2023 | 10:04 am
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Annaly Capital Management's stock has been upgraded to Buy by UBS, with a raised price target of $24.
The upgrade from Neutral to Buy by UBS indicates a positive outlook for Annaly Capital Management. The raised price target from $21 to $24 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
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IMPORTANCE 80
RELEVANCE 100