UBS Maintains Neutral on Angel Oak Mortgage REIT, Raises Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Doug Harter has maintained a Neutral rating on Angel Oak Mortgage REIT (AOMR) and raised the price target from $10 to $10.5.
May 14, 2024 | 2:25 pm
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UBS has maintained a Neutral rating on AOMR but increased the price target from $10 to $10.5, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Doug Harter suggests a positive reassessment of AOMR's value, potentially leading to increased investor interest and a positive short-term price movement. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100