Wedbush Reiterates Neutral on PennyMac Mortgage IT, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless reiterates a Neutral rating on PennyMac Mortgage IT (PMT) and maintains a $15 price target.
April 29, 2024 | 12:16 pm
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Wedbush analyst Jay McCanless reiterates a Neutral rating on PennyMac Mortgage IT with a $15 price target.
The reiteration of a Neutral rating and maintenance of a $15 price target by Wedbush suggests no significant short-term price movement is expected for PMT. The analyst's view likely reflects a balanced outlook on the company's prospects, without new positive or negative catalysts to significantly change its valuation.
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IMPORTANCE 75
RELEVANCE 100