Wedbush Maintains Outperform on PennyMac Financial Servs, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Henry Coffey has maintained an Outperform rating on PennyMac Financial Services (PFSI) and increased the price target from $85 to $105.
January 02, 2024 | 4:09 pm
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Wedbush analyst Henry Coffey has reiterated an Outperform rating on PennyMac Financial Services and raised the price target to $105, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
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IMPORTANCE 85
RELEVANCE 100