JMP Securities Maintains Market Outperform on Rithm Capital, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston has maintained a Market Outperform rating on Rithm Capital (NYSE:RITM) and increased the price target from $10.5 to $11.
January 18, 2024 | 4:26 pm
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JMP Securities analyst Trevor Cranston has reaffirmed Rithm Capital's Market Outperform rating and raised the price target to $11, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a bullish outlook on Rithm Capital, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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