Compass Point Initiates Coverage On AGNC Investment with Buy Rating, Announces Price Target of $10.25
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has initiated coverage on AGNC Investment (NASDAQ:AGNC) with a Buy rating and set a price target of $10.25.
February 20, 2024 | 11:57 am
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Compass Point initiated coverage on AGNC Investment with a Buy rating and a price target of $10.25.
The initiation of coverage by Compass Point with a Buy rating and a specific price target of $10.25 suggests a positive outlook on AGNC Investment's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term, as market participants often react positively to favorable analyst coverage.
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IMPORTANCE 90
RELEVANCE 100