Keefe, Bruyette & Woods Maintains Outperform on PennyMac Financial Servs, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst George Bose maintains an Outperform rating on PennyMac Financial Services (PFSI) but lowers the price target from $105 to $100.

April 26, 2024 | 1:51 pm
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Keefe, Bruyette & Woods maintains an Outperform rating on PennyMac Financial Services but lowers the price target from $105 to $100.
The adjustment in price target by Keefe, Bruyette & Woods, while maintaining an Outperform rating, suggests a continued positive outlook on PFSI but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the reaffirmed confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100