Janney Montgomery Scott Initiates Coverage On Orchid Island Cap with Buy Rating, Announces Price Target of $9.5
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has initiated coverage on Orchid Island Capital (NYSE:ORC) with a Buy rating and set a price target of $9.5.
June 06, 2024 | 12:19 pm
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Janney Montgomery Scott has initiated coverage on Orchid Island Capital with a Buy rating and set a price target of $9.5.
The initiation of coverage with a Buy rating and a specific price target of $9.5 by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100