JMP Securities Maintains Market Outperform on Two Harbors Inv, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston has maintained a Market Outperform rating on Two Harbors Investment Corp. (NYSE:TWO) and increased the price target from $12.5 to $15.
December 15, 2023 | 12:08 pm
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POSITIVE IMPACT
JMP Securities analyst Trevor Cranston has reaffirmed Two Harbors Investment Corp.'s Market Outperform rating and raised the price target to $15, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong conviction in the potential growth of Two Harbors Investment Corp. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as market participants may adjust their valuations to align with the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100