Raymond James Maintains Outperform on MFA Finl, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws has maintained an Outperform rating on MFA Financial (NYSE:MFA) but reduced the price target from $13 to $12.5.

November 21, 2023 | 12:15 pm
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NEUTRAL IMPACT
MFA Financial's Outperform rating is maintained by Raymond James, but the price target is lowered from $13 to $12.5, indicating a slight reduction in expected future stock performance.
While the Outperform rating suggests that Raymond James still sees MFA Financial as a stock likely to perform better than the broader market, the reduction in the price target could imply a tempered expectation for the stock's growth potential. This might have a neutral to slightly negative short-term impact on the stock price as investors digest the implications of a lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100