Keefe, Bruyette & Woods Upgrades PennyMac Financial Servs to Outperform, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst George Bose upgraded PennyMac Financial Services (PFSI) from Market Perform to Outperform and increased the price target from $100 to $105.
April 09, 2024 | 10:34 am
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POSITIVE IMPACT
PennyMac Financial Services was upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, with the price target raised from $100 to $105.
Upgrades by analysts, especially from reputable firms like Keefe, Bruyette & Woods, often lead to positive short-term price movements. The increase in the price target to $105 suggests a strong confidence in the company's future performance, potentially making PFSI more attractive to investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100