JP Morgan Maintains Neutral on Two Harbors Inv, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained a Neutral rating on Two Harbors Investment Corp (TWO) and reduced the price target from $13.5 to $12.5.

April 10, 2024 | 1:11 pm
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NEUTRAL IMPACT
JP Morgan analyst Richard Shane maintains a Neutral rating on Two Harbors Investment Corp and lowers the price target from $13.5 to $12.5.
The adjustment in price target by a major analyst like JP Morgan, while maintaining a neutral stance, suggests a recalibration of expectations without a fundamental change in the company's outlook. This could lead to short-term price adjustments as the market aligns with the new target, but the neutral rating indicates no significant directional change is expected.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100