Keefe, Bruyette & Woods Upgrades Federal Home Loan to Market Perform, Raises Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Bose George has upgraded Federal Home Loan (FMCC) from Underperform to Market Perform and increased the price target from $1 to $1.25.
January 18, 2024 | 2:42 pm
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Federal Home Loan (FMCC) was upgraded by Keefe, Bruyette & Woods from Underperform to Market Perform with a raised price target from $1 to $1.25.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest improved performance or outlook for the company. The increase in price target further supports the positive sentiment.
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