Correction: Janney Montgomery Scott Initiates Coverage On Annaly Capital Management with Buy Rating. Price Target removed
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has initiated coverage on Annaly Capital Management (NYSE:NLY) with a Buy rating. The price target has been removed.
June 06, 2024 | 1:40 pm
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Janney Montgomery Scott has initiated coverage on Annaly Capital Management with a Buy rating, but the price target has been removed.
The initiation of coverage with a Buy rating by Janney Montgomery Scott is a positive signal for Annaly Capital Management, indicating confidence in the company's future performance. However, the removal of the price target adds some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100