JMP Securities Reiterates Market Outperform on PennyMac Mortgage IT, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Cranston has reiterated a Market Outperform rating on PennyMac Mortgage IT (PMT) and maintained a $15 price target.
April 19, 2024 | 4:00 pm
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PennyMac Mortgage IT maintains a Market Outperform rating and a $15 price target from JMP Securities.
The reiteration of a Market Outperform rating and maintenance of a $15 price target by a reputable analyst firm like JMP Securities could instill confidence in investors and potentially lead to a positive short-term price movement for PMT. Analyst ratings often influence investor perception and can impact stock price accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100