JonesTrading Maintains Buy on Rithm Capital, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JonesTrading analyst Matthew Erdner has maintained a Buy rating on Rithm Capital (NYSE:RITM) and increased the price target from $11 to $12.
February 22, 2024 | 10:15 am
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JonesTrading analyst Matthew Erdner reaffirmed a Buy rating on Rithm Capital and raised the price target from $11 to $12.
The increase in the price target by a reputable analyst like Matthew Erdner suggests a positive outlook on Rithm Capital's stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100