JonesTrading Upgrades Rithm Capital to Buy, Announces $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
JonesTrading analyst Matthew Erdner has upgraded Rithm Capital (NYSE:RITM) from Hold to Buy and set a price target of $11.
October 27, 2023 | 2:05 pm
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Rithm Capital has been upgraded from Hold to Buy by JonesTrading with a new price target of $11.
The upgrade from Hold to Buy by JonesTrading indicates a positive outlook for Rithm Capital. The new price target of $11 suggests that the analyst sees potential for the stock's price to increase. This could lead to a positive short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100