Keefe, Bruyette & Woods Upgrades Federal National Mortgage to Market Perform, Raises Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Bose George upgraded Federal National Mortgage (FNMA) from Underperform to Market Perform and increased the price target from $1 to $1.25.

January 18, 2024 | 2:54 pm
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POSITIVE IMPACT
Federal National Mortgage (FNMA) was upgraded by Keefe, Bruyette & Woods from Underperform to Market Perform with a raised price target from $1 to $1.25.
The upgrade from Underperform to Market Perform by a reputable analyst firm like Keefe, Bruyette & Woods suggests a positive change in the company's outlook, which can lead to increased investor confidence and potentially drive the stock price up in the short term. The increase in price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100