RBC Capital Reiterates Outperform on Annaly Capital Management, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on Annaly Capital Management (NLY) and maintained a $21 price target. This reaffirms RBC Capital's positive outlook on NLY's stock performance.
February 12, 2024 | 4:13 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $21 price target on Annaly Capital Management, indicating a positive outlook.
The reiteration of an Outperform rating and the maintenance of a $21 price target by a reputable analyst like Kenneth Lee from RBC Capital suggests a strong confidence in the future performance of Annaly Capital Management. This positive analyst outlook is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100