RBC Capital Maintains Outperform on Annaly Capital Management, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has maintained an Outperform rating on Annaly Capital Management (NYSE:NLY) and increased the price target from $18 to $21.
January 05, 2024 | 7:31 pm
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POSITIVE IMPACT
RBC Capital analyst Kenneth Lee reaffirmed an Outperform rating on Annaly Capital Management and raised the price target from $18 to $21.
The upgrade in the price target by RBC Capital suggests a positive outlook on the stock, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100