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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100