B. Riley Securities Maintains Neutral on Angel Oak Mortgage REIT, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett has maintained a Neutral rating on Angel Oak Mortgage REIT (NYSE:AOMR) and increased the price target from $11 to $12.
November 22, 2023 | 3:23 pm
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B. Riley Securities analyst Matt Howlett reaffirmed a Neutral rating on Angel Oak Mortgage REIT and raised the price target to $12.
The increase in price target by B. Riley Securities suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential, which tempers the impact.
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IMPORTANCE 70
RELEVANCE 100