Barclays Maintains Overweight on PennyMac Financial Servs, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mark Devries has maintained an Overweight rating on PennyMac Financial Services (PFSI) and increased the price target from $103 to $112.
April 09, 2024 | 11:53 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has maintained an Overweight rating on PennyMac Financial Services and raised the price target from $103 to $112.
The increase in the price target by Barclays, a reputable financial institution, signals a strong vote of confidence in PennyMac Financial Services' future performance. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100