Keefe, Bruyette & Woods Upgrades PennyMac Financial Servs to Outperform, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst George Bose has upgraded PennyMac Financial Servs (NYSE:PFSI) from Market Perform to Outperform and raised the price target from $77 to $81.
October 02, 2023 | 8:30 am
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POSITIVE IMPACT
PennyMac Financial Servs has been upgraded to Outperform from Market Perform by Keefe, Bruyette & Woods, with a price target increase from $77 to $81.
The upgrade from Market Perform to Outperform indicates that the analyst believes the company will outperform the market or its sector in the short term. The increase in price target from $77 to $81 suggests that the analyst expects the stock price to rise. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100