Keefe, Bruyette & Woods Maintains Outperform on PennyMac Financial Servs, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst George Bose has maintained an Outperform rating on PennyMac Financial Services (NYSE:PFSI) and increased the price target from $83 to $88.
December 13, 2023 | 3:52 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods analyst reaffirms Outperform rating on PFSI and raises price target from $83 to $88, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically suggests a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100