Wells Fargo Maintains Overweight on Angel Oak Mortgage REIT, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti has maintained an Overweight rating on Angel Oak Mortgage REIT (AOMR) and increased the price target from $9 to $10.
March 07, 2024 | 11:22 am
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Wells Fargo has maintained an Overweight rating on Angel Oak Mortgage REIT and raised the price target from $9 to $10.
The increase in price target by a reputable analyst like Donald Fandetti suggests a positive outlook on AOMR's performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100