B. Riley Securities Reiterates Buy on Rithm Capital, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett has reiterated a Buy rating on Rithm Capital (NYSE:RITM) and increased the price target from $13 to $14.
May 10, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B. Riley Securities analyst Matt Howlett reaffirmed a Buy rating on Rithm Capital and raised the price target from $13 to $14, indicating a positive outlook on the stock.
The reiteration of a Buy rating combined with an increased price target usually signals the analyst's increased confidence in the company's future performance. This can lead to positive investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100