JP Morgan Maintains Overweight on Annaly Capital Management, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains an Overweight rating on Annaly Capital Management (NYSE:NLY) and raises the price target from $20 to $21.
July 16, 2024 | 2:46 pm
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JP Morgan analyst Richard Shane maintains an Overweight rating on Annaly Capital Management and raises the price target from $20 to $21.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to boost investor confidence in Annaly Capital Management, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100