JMP Securities Maintains Market Outperform on Two Harbors Inv, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston maintains a Market Outperform rating on Two Harbors Inv (NYSE:TWO) but lowers the price target from $14.5 to $12.5.
October 19, 2023 | 2:44 pm
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NEGATIVE IMPACT
Two Harbors Inv's price target has been lowered from $14.5 to $12.5 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities indicates a potential decrease in the stock's value. However, the maintained Market Outperform rating suggests that the stock is still expected to outperform the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100