JMP Securities Reiterates Market Outperform on Ellington Financial, Maintains $14.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston has reiterated a 'Market Outperform' rating on Ellington Financial (NYSE:EFC), maintaining a price target of $14.5.
April 19, 2024 | 3:41 pm
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Ellington Financial's stock rating was reiterated as 'Market Outperform' by JMP Securities, with a price target of $14.5.
The reiteration of a 'Market Outperform' rating and the maintenance of a $14.5 price target by a reputable analyst like Trevor Cranston from JMP Securities could positively influence investor sentiment towards EFC. This endorsement reaffirms confidence in EFC's financial health and growth prospects, likely encouraging investment and potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100